--%>
Assignment Help - homework help

When is Scarcity a problem become

Scarcity is a problem for: (w) poor countries merely. (x) individuals only when they are poor. (y) capitalists, but not socialists. (z) all people and countries, rich and poor alike.

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

   Related Questions in Public Economics

  • Q : Changes in relative prices make

    Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit

    		•
  • Q : Find an analysis of individual

    Analysis of individual households, markets and firms is: (w) macroeconomics. (x) microeconomics. (y) normative economics. (z) positive economics. Hey friends please give your opinion for the problem of Economic tha

    		•
  • Q : High rates of saving and investment Can

    Can someone help me in finding out the right answer from the given options. Production possibilities frontiers can be employed to demonstrate why maximizing economic growth needs: (1) The amount of investment goods to equivalent the quantity of consum

    		•
  • Q : Nomadic cultures replacement by

    In words of Adam Smith, overview of human history, that asserted nomadic cultures are inevitably replaced with agricultural communities and which with such change comes: (w) raised education for minors. (x) women’s freedom. (y) more stable food

    		•
  • Q : Requirement of technically efficient

    I need a good answer on the topic of Economic problems. Please give me your suggestion that for production to be technically efficient needs that the: (i) Maximum benefits are acquired at the highest possible cost. (ii) Opportunity costs of production

    		•
  • Q : Firm-production similar to output with

    When a firm could produce at least similar output with less of one resource and no additional of any other, mix of resources of the firm is technologically: (w) and economically efficient. (x) efficient, but economically inefficient. (y) inefficient, but economically

    		•
  • Q : Wealthy entrepreneurs by perfectly

    Do you agree along with the adage such that "You cannot find rich working for somebody else"? Should successful entrepreneurs serve others to enrich themselves? Can wage earners acquire great wealth without investing? How may you test the accuracy of your answ

    		•
  • Q : Esurience of economy-wide efficiency

    For a specified distribution of income, economy-wide efficiency would make sure a: (i) Redistribution to make equal income. (ii) Minimal level of pollution. (iii) Maximum level of particular identity. (iv) Maximum value for whole production.

  • Q : Explain about market buyers A buyers’

    A buyers’ market is a market in that: (w) queuing to secure goods is common. (x) the current market price is below equilibrium. (y) demand exceeds supply. (z) several sellers experience surpluses. I need a go

    		•
  • Q : Most dealing of normative economic

    Normative economic statements deal mainly along with: (w) the way things should be. (x) production possibilities frontier analysis. (y) facts in place of theories. (z) how to measure economic variables. Please choo

    		•