--%>
Assignment Help - homework help

Unregulated market competition in economic welfare

Adam Smith’s well-known reference to an “invisible hand” implies that: (w) unregulated market competition improves economic welfare. (x) government must closely regulate monopolies. (y) pure competition is a divinely motivated market structure. (z) unpublicized conspirators dictate most government policies.

Hey friends please give your opinion for the problem of Economic that is given above.

   Related Questions in Public Economics

  • Q : Mixed economy of a market system

    Whenever compared to a mixed economy which relies primarily on the market system, the society which relies relatively greatly on brute force, queuing, and arbitrary selection tends to experience: (1) Powerful reducing returns. (2) Opportunity costs to drop. (3) Fast t

    		•
  • Q : Who thought Murderers do more harm than

    Murderers do more harm than shoplifters; therefore they must be punished proportionally more harshly as per the school of thought developed through: (i) medieval scholar Thomas Aquinas. (ii) Chinese leader Mao Zedong. (iii) lawyer and social reformer Jeremy Bentham. (

    		•
  • Q : Desires of people when less of a good

    While less of a good is freely obtainable than people desire, the good is: (1) in short supply. (2) a free good. (3) a luxury good. (4) scarce. (5) a requirement. Hello guys I want your advice. Please recommend som

    		•
  • Q : Demonstration of scarcity in the U.S.

    By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

    		•
  • Q : Define the term Prices in prices and

    Prices are: (w) used to ration free goods and resources. (x) zero for several scarce goods and resources. (y) the merely efficient way to assign luxury goods. (z) one mechanism for rationing scarce goods and resources.

    Q : How to recognize economics as a field

    recognize economics as a field of economics

    		•
  • Q : Requirement of government transaction

    A federal regulation needing all government transaction to be based upon ideal information would be: (v) The surest way to create best decisions. (w) Consistent along with the ideals of Occam's razor. (x) Impossible since no computer could handle which much informatio

    		•
  • 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 : Reason of confronting problem of

    People whole the world confront the problem of scarcity at all times just because which one reason: (i) Greedy capitalist monopolies under-produce goods, (ii) International markets are plagued with flawed distribution, (iii) Restricted resources and t

    		•
  • Q : Assertion of a normative statement

    How can I solve my economics problems? Please suggest me the right answer for an illustration of a normative statement, would be the assertion which: (w) bald men are intelligent. (x) balding advances along with age. (y) bald men must wear toupees. (z) strength and hi

    		•