--%>

Normative objectives for microeconomic

Extensively accepted normative objectives for microeconomic comprise: (1) full employment and balanced economic development. (2) a stable price level and maximum purchasing power. (3) efficiency, equity and freedom. (4) job security and equality within the distribution of income. (5) balanced government budgets and a surplus within international payments.

Can someone explain/help me with best solution about problem of microeconomic...

   Related Questions in Microeconomics

  • Q : Jollies gained-Production occurs I have

    I have a problem in economics on Jollies gained-Production occurs. Please help me in the following question. The jollies gained whenever production takes place do not comprise utilities of: (i) Form. (ii) Possession. (iii) Place. (iv) Substance. (v) T

  • Q : Imperfect competition-Market power of

    As MRP < VMP in imperfect competition whenever firms encompass market power as sellers then: (i) MPPL = VMP. (ii) The price of output surpasses MFC. (iii) Monopolistic exploitation becomes essential to get profit. (iv) Imperfect competition can’t reach the eq

  • Q : Determine least price elasticity in

    Of all of the known ranges on such supply curves, the supply of tanks of dehydrated water is least price elastic in between: (i) point a and point b. (ii) point b and point c. (iii) point c and point d. (iv) point e and point f. (v) point g and point

  • Q : Procedure of substituting complicated

    The procedure of substituting complicated machinery for human labor is termed as: (1) automation. (2) bionic engineering. (3) scientific management. (4) robotics. (5) industrial sabotage. How can I solve my

  • Q : Price floors with government purchases

    Suppose the U.S. wheat market is primarily in a stable equilibrium upon S0D0. Assume now that the government institutes a legal price floor at P3 per bushel of wheat. When the government will buy and store any resulting surplus

  • Q : More willing to hold less cash and more

    When households become more willing to hold less cash and more stocks or bonds, in that case the: (1) level of Aggregate Demand increases. (2) present value of future income falls. (3) interest rate falls. (4) stock market will crash.

  • Q : Copyright laws for legal barriers to

    Copyright laws are least helpful in protecting the work of people who generate original: (i) lyrics and music. (ii) films. (iii) computer code. (iv) scientific theories. (v) poems or novels. How can I solve my Economics

  • Q : Problem regarding monopsonistic

    I have a problem in economics on monopsonistic exploitation. Please help me in the following question. The Labor union contracts, an analogous worth rule or the minimum wage laws might boost equilibrium employment when a firm has been practicing: (1)

  • Q : Profit margins Examine within your

    Examine within your answer the circumstances that will enable a company to pass on cost increases to customers and protect profit margins. For example- price sensitivity of demand, rising food prices, cotton prices, etc.

  • Q : Higher interest rate in saving and

    A higher interest rate shows a: (w) stronger preference for current income over future income. (x) weaker preference for current income over future income. (y) stronger preference for future income over current income. (z) wave of pessimism among inve