Elucidate reallocation of resources
Elucidate reallocation of resources?
Expert
Market failure occurs when the competitive market system produces the “wrong” amounts of certain goods or services or fails to provide any at all. Resources are reallocated from private to public use by levying taxes on households and businesses, thus reducing their purchasing power and using the proceeds to purchase public and quasi public goods. This can bring about a significant change in the composition of the economy’s total output.
Give a brief introduction of the term Risk factor?
Why is the problem of unemployment a part of the subject matter of economics?
I have a problem in economics on Problem regarding private firms. Please help me in the following question. The mass of U.S. output is generated by: (i) Producer cooperatives. (ii) Non-profit organizations. (iii) Private firms. (iv) Government agencie
Over the long-run the speculators activities are tend to: (1) decrease the volatility of prices. (2) attract legal attention and result in imprisonment. (3) increase the level and volatility of prices both. (4) yield tremendous profits and raise costs
The dataset used in this question contains data on 180 economics journals for the year 2000. The variable descriptions are as follows: logoclc - log of the number of library subscription loglibcit - log of the library subscription price per citation.
identify the reasons for the formation of organizations
What is the most important source of revenue and the major type of expenditure at the local level?
The “invisible hand” of the marketplace is a word referring to consider as: (w) government policies to set market prices at equilibrium levels. (x) speculative manipulations which create disequilibrium. (y) automatic adjus
Suppose studies show that students who study more hours receive higher grades. Is there any relationship which guarantees that any particular student who studies longer will get higher grades?
Elucidate redistribution of income?
18,76,764
1953692 Asked
3,689
Active Tutors
1415226
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!