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   Related Questions in Public Economics

  • Q : Illustration of Positive and Normative

    "Minimum wage rules will reduce service of the workers they are designed to help, but they are desirable because it's more important that 90 percent of the covered workers remain employed at the higher wage than that 10 percent of the covered workers become jobless."

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  • Q : Incentives to create and to use goods

    Please help me to solve the problem of prices which is given below: Information regarding incentives to create and to use goods efficiently is imbedded most directly within: (i) Relative prices. (ii) Normative econ

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  • Q : Founder of utilitarianism Jeremy

    Jeremy Bentham [from 1748 to 1832] was: (1) the owner of a pet pig he permitted to roam by his mansion. (2) the founder of utilitarianism. (3) appointed to the Board of Trustees of the University of London, and keeps on the Board today. (4) stuffed an

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  • Q : Explain about entrepreneurship I need a

    I need a good answer on the topic of Economic problems. Please give me your suggestions that entrepreneurship, labor, capital and land are all illustrations of: (w) producer's supplies. (x) goods and services. (y) income streams. (z) productive resources.

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  • Q : Find out supply shifted to higher

    This market for clothing started on S0 and D0. Inside this market for clothing,: (w) demand has increased, possibly because of a raise in income. (x) new equilibrium price lies below the original equilibrium price. (y) supply may have transferred

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  • Q : Property Rights I have a problem in

    I have a problem in economics on Property Rights. Please help me in getting the right answer from the following question. John Locke believed that the value and property rights derive from: (i) Social conventions prevailing inheritance. (ii) The helpf

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  • Q : Explain the view of economist land to

    What is an economist describe “land” to encompass: (1) Such enhancements to natural resources as sidewalks and utility lines. (2) the productive muscle of the economy. (3) all equipment and machinery. (4) any type of additions to the econo

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  • Q : Opportunity cost of absent class in

    Why is class attendance mostly always higher on days while examinations are specified?

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  • Q : Problem relating to the Distributive

    Several parents ask children to write down lists of “things” they would like Santa to carry for Christmas, as well as to rank their “wants” in sequence. While gifts are positively associated to children’s lists, that “wish list&rdqu

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  • Q : Case of fuel efficient machinery in

    If the soybean market begins in equilibrium on S0D0, and in that case farm machinery becomes more fuel efficient, the market changes to: (1) S0D1. (2) S1D2. (3) S1D0. (4) S2D1

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