Illustrate the 4th role is the reallocation of resources
Illustrate the 4th role is the reallocation of resources?
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A fourth role is the reallocation of resources comprises provision of public or social goods, such as streetlights, education, national defence and lighthouses. It also comprises government programs which correct misallocation of resources, also it may occur when there are spillover costs or benefits. When spillover costs happen, resource allocation would be more than is socially desirable, because some of the production costs have been passed on to third parties.
Write down the drawbacks of capital budgeting?
surpluses drives price down,shortages drive up
Describe briefly Low financial leverage, low operating leverage?
Opportunity Cost:Whenever you select a particular alternative, the next best alternative should be given up. For illustration, when you desire to watch cricket highlights in T.V., you should
An increase within demand for "green-certified" products will ________ a firm's economic profit, and the raise within costs to have a product certified like "green" will ________ a firm's economic profit: w) increase; increase x) increase; decrease y)
Illustrate a fundamental characteristic of demand behavior?
Elucidate how Personal income tax is a major source?
The state legislature has voted to develop a grant-in-aid policy to try and induce local communities to devote more resources to improving their infrastructure. Town O = Has an operating budget of $2 million; currently spends a tot
Briefly describe composite cost of capital? And also describe the procedure to calculate composite cost of capital?
Opportunity costs, which are the values of the: (i) monetary costs of goods and services. (ii) best alternatives sacrificed while choices are made. (iii) minimal budgets of families upon welfare. (iv) hidden charges passed upon to consumers. (v) exorb
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