Public Sector Government Role
Illustrate the Public Sector Government’s Role of providing the legal structure?
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1. Government ensures property rights, provides enforcement of contracts, acts as a referee and imposes penalties for foul play.
2. Government intervention improves the allocation of resources by supplying a medium of exchange, ensuring product quality, defining ownership rights, and enforcing contracts.
3. These interventions widen the market and foster greater specialization in the use of property and human resources.
4. The appropriate amount of regulation is at the level where the marginal benefit and marginal cost are equal.
Write down the external factors which influencing the capital structure?
Write down the theories of capital structure?
Elucidate Reliance on technology and capital goods of the market system?
How the government can increase the overall effectiveness of the market system?
Illustrate the advantage and disadvantage of Corporations?
Illustrate the advantage and disadvantage of Sole proprietorship?
Explain the definition of Economics?
An increase within demand for "green-certified" products will ________ a firm's economic profit, and the raise within costs to have a product certified like "green" will ________ a firm's economic profit: w) increase; increase x) increase; decrease y)
“An increase in the American dollar price of the South Korean won implies that the South Korean won has depreciated in value.” Explain.
Describe Quasi-public goods?
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