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   Related Questions in Public Economics

  • 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

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  • Q : Explain the invisible hand as automatic

    Adam Smith’s phrase “the invisible hand” considers to the automatic: (w) withholding of taxes before worker receive paychecks. (x) charitable instincts most people display when confronted by poverty. (y) coordination

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  • Q : Decision making and outputs as well as

    Particular decision making and how outputs and prices are determined are the mainly focus of: (w) Occam’s razor (x) microeconomic analysis. (y) macroeconomic theory. (z) economic efficiency Hey friends please give your opinio

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  • Q : Example of Relative Price Suppose a

    Suppose a deluxe hamburger is $5, an Oreo blizzard is $3, and a soda is $1. Then the relative price of the hamburger is: (a) 1.6 blizzards. (b) four sodas and half of a blizzard. (c) two blizzards. (d) a blizzard and one soda.

    Q : Limits of Technological Advances

    Technological advances would not comprise: (i) Native Americans demonstrating Pilgrims how crops grow faster when rotten fish are dropped within with seeds they plant. (ii) pouring coffee through a coffee pot you obtained as a birthday gift. (iii) new

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  • Q : Use of relative prices not inclde by

    Please help me to solve the problem of economics that is given below: The functions of prices do not contain the use of relative prices like: (w) rationing devices. (x) mediums of exchange. (y) inf

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  • Q : Illustrate Prices of gold and silver in

    Gold and silver, both although better conductors of electricity than copper, are not generally used for household electric circuits since they are much more expensive. It illustrates prices like: (i) Information. (ii) Rationing devices. (iii) Incentiv

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  • Q : Case of priceless in relative prices

    While people sincerely refer to something like "priceless", so they most likely mean that this is: (a) mostly meaningless to name a monetary price since its opportunity cost is more high. (b) worthless junk on that they place no value. (c) irreplaceab

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  • Q : Economic questions incapability of

    Economic questions incapable of scientific verification like to correctness or falsity, as like why, how and when to prosecute and execute alleged murderers, or to whom income must be again distributed, fall in the category of: (1) positive economics.

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  • Q : Problem of macroeconomics in economics

    Can anybody advise me the proper explanation for given problem regarding macroeconomics in Economics generally. In macroeconomics, where we examine all things like the: (w) problems of What, How, and For Whom. (x)

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