Neoclassical and heterodox

One of my friends can't succeed to get the answer of this question. Provide answer of this question. Economists of neoclassical argue that goods contain just subjective (or personal) use-value dimension; heterodox economists argue that goods contain use-value and social dimensions both. Discuss.

View Complete Question

Related Questions in Microeconomics

Q : Short-run supply curve and marginal

Short-run supply curve of a purely competitive firm’s is the positively sloped part of the marginal cost curve which is above its: (w) average fixed cost curve. (x) resource demand curve. (y) average variable cost. (z) short-run

Q : Long run supply Illustrate and explain

Illustrate and explain using diagrams, the difference between long run supply in a constant cost individual firm and industry and an increasing cost firm and industry.

Q : Dynamic Tit-for-Tat Carlos and Ivana

Carlos and Ivana are friends and roommates. They eat together despite who cooks. But this cooking game is repeated mostly every evening, across time the probable result would be which: (1) neither Carlos nor Ivana cook, nor do they eat. (2) Carlos alone cooks for both

Q : LEAST capable inventories of

A competitive firm is LEAST capable to adjust its inventories throughout the: (w) market period. (x) short-run. (y) intermediate period. (z) long-run. Hello guys I want your advice. Please recommend some views for above Eco

Q : Supply geomeric method to measure

geomeric method to measure elasticity of supply

Q : Perspective of Society with Economic

By the perspective of society as an entire, in that case land resources are: (w) variable in supply. (x) perfectly elastically supplied. (y) the closest of all resources to generators of pure economic rents. (z) increased through cultivating previousl

Q : Opponents of Contribution Standard

Opponents of contribution standard for income distribution, the: (w) prefer a more efficient mechanism to distribute income. (x) accept marginal productivity theory. (y) question how well the market system measures productivity. (z) generally favor de

Discover Q & A

Leading Solution Library

Avail More Than 1443625 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1921882
Asked

3,689

Active Tutors

1443625

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment