--%>
Assignment Help - homework help

Problem regarding the distributive efficiency

Ted and Willy are eating lunch. Ted has a Snowball and Willy a Ding Dong for dessert. Strongly prefer both Ding Dongs. A required trade of Willy's Ding-Dong for Ted's Snowball would be likely to enhance: (w) distributive efficiency as Fred is better off. (x) allocative efficiency as Fred's gain exceeds Willy's loss. (y) production efficiency as Willy does not gain throguh the transaction. (z) Ted's happiness, but comparing his gain to Willy's loss is essentially normative.

Hello guys I want your advice. Please recommend some views for above Economic Efficiency problems...

   Related Questions in Public Economics

  • Q : Self-interested behaviour in economics

    Several critics of our economic system contend such that self-interested behavior is not intrinsic, although that people are taught to be "selfish" through our society's stress within competition. Such critics argue that when we encouraged cooperation as much as we cu

    		•
  • Q : Charecteristics of market efficiency

    Explain the characteristics of market efficiency?

    		•
  • Q : Limitation of economic capital -

    Hey friends please give your opinion for the problem of economic capital that is given below: Illustrations of economic capital do NOT include: (w) buildings. (x) tools. (y) machinery. (z) stocks and bonds.

    Q : Find cigarette taxes testing in

    Positive economic analysis would take in testing a theory which raising cigarette taxes would: (1) harm smokers much more than it helped non-smokers. (2) enhance social welfare by reducing smoking from teenagers. (3) boost cigarette prices and decreas

    		•
  • 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 : How to recognize economics as a field

    recognize economics as a field of economics

    		•
  • Q : Comunity engagement and education

    identify the modes employed in the management of comunity ECD programes in your community and explain them in the following lines 1 sole proprietorship and corporation 2 NGO mode 3 donor managed and ommunity owned

    		•
  • Q : Economic Capital and Per Capita Income

    Assume that half of our world’s people, arbitrarily selected, were vaporized by space aliens or teleported to the parallel universe, however no other feature of life on our Earth was influenced. Avoiding any disruptions to families or psychological trauma this c

    		•
  • Q : Define a common approach to economics A

    A common approach to economics involves studying how: (i) charging interest on loans can be ethical. (ii) resources are allocated to satisfy human wants. (iii) individuals and government should balance their budgets. (iv) to determine the best bargain

    		•
  • Q : Explain about the payments to

    The payments to entrepreneurs are the: (i) interest earned by saving money and managing main corporations. (ii) rental payments by extensive land holdings. (iii) profits occurrence from bearing uncertainty and risk, innovating new goods and technologi

    		•