--%>

Is binge drinking an economic trouble

This binge drinking exercise observes why excessive drinking might be an economic trouble and the possible influences of government policy.

E

Expert

Verified

Appreciating why binge drinking is an economic trouble and building an understanding of markets, market failure and incentives.  The purpose is to get students employing economic ideas instead of focusing on social and medical details.

   Related Questions in Microeconomics

  • Q : Functions of price mechanism What are

    What are the various functions of price mechanism in a free market economy?

  • Q : Official unemployement Provide the

    Provide the solution of this question. To be officially unemployed a person must: A) be in the labor force. B) be 21 years of age or older. C) have just lost a job. D) be waiting to be called back from a layoff.

  • Q : Present Value of Capitalization The

    The present value of $1000 two years by now is: (w) $1000. (x) greater than $1000. (y) less than the present value of $1000 one year by currently. (z) $1,210. Hey friends please give your opinion for the problem of Economics that i

  • Q : Total fixed cost Total fixed cost: 1.

    Total fixed cost: 1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.2. It can not be zero when output is zero.3. Its curve is parallel to X-aixs4.

  • Q : Automation and Wage Rates When physical

    When physical capital becomes cheaper, in that case: (w) some workers may be displaced but worker productivity usually rises. (x) automation will make jobs for more workers. (y) workers will supply more labor services. (z) labor supply curves will move in backward ben

  • Q : Problem regarding to demography of

    Onto average, African-Americans into the U.S., when compared to whites: (1) earn lower incomes. (2) have less education. (3) experience higher rates of unemployment. (4) are less likely to be capable to retire on Social Security. (5) All of the above.

    Q : Reinforces the substitution effect For

    For normal goods which experience price changes, then the income effect: (i) Recognizes how higher money income influences demands for goods. (ii) Invalidates the diminishing marginal utility law. (iii) Offsets the substitution effect. (iv) Reinforces the substitution

  • Q : Problem on Laws and Regulations Can

    Can someone please help me in finding out the accurate answer from the following question. Raised demand for beer would be most probable to follow a fall in the: (1) Legal drinking age. (2) Price of ale. (3) Price of hard liquor. (4) Price of wine.

  • Q : Featherbedding-Blacklisting-Yellow Dog

    Can someone please help me in finding out the accurate answer from the following question. Practices that were common in the labor markets however that are now illegal comprise: (i) Boycotting, scabbing and shirking. (ii) Sweetheart deals assembly line speedups and st

  • Q : Define Surveys or Polls Surveys or

    Surveys or Polls: The word survey or poll usually describes a method of gathering information from a sample of individuals. In contrast to a census, where all members of the population are studied, surveys collect details from only a part of a populat