--%>

Problem on Welfare

Can someone help me in finding out the right answer from the following options. The equal shares criterion of distribution recommends that each and every individual must: (i) Receive income according to necessitate. (ii) Contribute equivalent productivity. (iii) Receive similar income. (iv) Be paid in the proportion to personal productive contribution.

   Related Questions in Public Economics

  • Q : Market adjustments within equilibrium

    When the soybean market is originally into equilibrium, on S0D0, raises in the wages of farm workers will cause change(s) to: (w) S1D0.(x) S0D1. (y) S2D2.  (z

  • Q : Illustrate when firm shuts down

    When a firm shuts down within the short run,: w) its loss equals zero. x) its loss equals its fixed cost. y) is creates zero economic profit. z) its total revenue is not huge adequate to cover its fixed cost. How c

  • Q : People thinking about invisible hand of

    Adam Smith’s “invisible hand” consider as to a process through which people think: (w) trying to serve their own interests also exploit social well being. (x) rely upon democratic governments to make main economic decisions. (y) base

  • Q : Existence of shortages or surpluses

    Shortages or surpluses exist while: (w) transaction costs are zero. (x) quantity supplied be different from quantity demanded. (y) monopolists enjoy exorbitant profits. (z) supply prices equivalent demand prices. H

  • Q : Earn zero profit in long run by

    Which of the given statements is right?: w) Economic profit takes within account all costs involved within producing a product. x) Accounting profit is not relevant within preparing the firm's financial statement. y) Economic profit all the time exceeds accounting pro

  • Q : Condition to being a free good Which of

    Which of the given probably comes closest to make a free good: (1) Unexpected warmth through the sun within Chicago in January. (2) A hot school lunch given for a needy student. (3) A microwave pizza bought along with food stamps. (4) Income earned th

  • Q : Define smog as in Bads economics problem

    Smog is: (w) a good since this gives the air texture. (x) a bad because most people would pay to find rid of this. (y) a free good since you could consume all you desire without having to pay for this. (z) an inefficient utilization of resources.

    Q : Comparative Systems-Socialism I have a

    I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.

  • Q : Technological change in extracting

    Can someone help me in determining the right answer from the given options. A good illustration of technological change would be a discovery of a: (i) Pool of oil as big as any in Kuwait merely a bit south of Cleveland. (ii) Tenth planet as big as Neptune circling our

  • Q : When is Economics LEAST related with

    Economics like a science is LEAST related with how people: (w) try to make themselves happy. (x) utilize resources to try to satisfy their desires. (y) adjust to changes within government policies. (z) morally justify cheating upon their income taxes.