--%>

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 : Economic growth and development I have

    I have a problem in economics on Economic growth and progress. Please help me in the following question. The Economic growth in a proficient economy will be decreased by: (i) Investment in new capital. (ii) Technological advances. (iii) Expanding the

  • Q : Illustrate an economics problem of

    Assume that Michael Jordan purchases the New Jersey Nets basketball franchise and, expecting an explosion of sales at his car dealerships, he instructs two hundred new extra Toyotas. By an economic perspective, his buy of the Nets franchise is: (w) smart marketing str

  • Q : Charecteristics of market efficiency

    Explain the characteristics of market efficiency?

  • Q : Technological advances in Production

    Movements all along the production possibilities curve would not replicate: (1) Technological advances. (2) A society’s choice-making among alternative output combinations. (3) The limiting factor of scarcity in output choices. (4) Opportunity c

  • Q : When is normative economics crucial Can

    Can anybody suggest me the appropriate explanation for given problem regarding normative economics generally. Normative economics is critical while an economist tries to: (i) predict how OPEC's refuse will influenc

  • Q : Problem regarding costs of buying

    Please recommend me your best answer for given problem. While buying a $70 shirt at Banana Republic maintains you from enjoying the pleasure of a $70 meal at a huge restaurant: (i) Opportunity costs are at play. (ii) You are not be

  • Q : When recently develope theory least

    Recently developed theory is least probable to evolve in common sense when this fails to: (i) conform to the principle of Occam’s razor. (ii) be consistent along with extensively-accepted previous theories. (iii) have realistic assumptions. (iv) accurately descr

  • Q : Problem on public sector The word “

    The word “public sector” signifies to: (1) Stockholders and households. (2) Investors and Consumers. (3) Households and investors. (4) Democratic voting systems. (5) All actions of government. Find out the right answer from the above optio

  • Q : Which aspect cannot given by Prices in

    Prices can’t give which one following aspect: (i) Incentives for efficient resource utilize. (ii) Guides for changing levels of production. (iii) Information regarding relative costs. (iv) Ideal references to cover all opportunity costs.

  • Q : Eccentricities of Jeremy Bentham The

    The eccentricities of Jeremy Bentham (from 1748 to 1832) did not comprise: (i) allowing a pet pig to freely roam his mansion. (ii) petitioning the London Council for permission to replace shrubbery beside his driveway along with mummi