--%>

Problem relating to the Distributive Efficiency

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” approach improves: (w) economic equity. (x) allocative efficiency. (y) productive efficiency. (z) distributive efficiency.

Please guys help to solve this problem of economics with some explanation.

   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."

  • Q : Determine gross investment for

    Hey friends please give your view for the problem of investment in Economic that is given below: If a firm buys $50 million worth of new machinery to replace worn out equipment that originally cost $3 million,

  • Q : Governmental allocations of non-human

    The fundamental foundations of a capitalist system do not comprise: (1) Supplies and demands. (2) Private property rights. (3) Governmental allocations of non-human resources. (4) Laissez faire policies. (5) Market-determined prices and outputs.

  • Q : Problem regarding exceed human

    The fact that human requirements exceed the production possible along with the resources obtainable is termed as economic: (1) scarcity, (2) welfare, (3) shortage and (4) deficits. Can someone please suggest me the

  • Q : Entails of a technical approach to

    A technical approach to economics entail: (1) positive questions since this cannot resolve normative matters. (2) normative questions since this cannot resolve positive matters. (3) positive and normative questions since this can resolve all matters.

  • Q : Hedonistic calculus–regulation of human

    Social welfare is exploited while a “hedonistic calculus” regulates all human action as per the interventionist “liberal”: (i) John Stuart Mill. (ii) Thorstein Veblen. (iii) Milton Friedman. (iv) Karl Marx. (v)

  • Q : Existence of economic inefficiency

    Economic inefficiency exists while there is: (1) A society suffers through economic inequity. (2) No approach for anyone to gain unless someone else loses. (3) Additional output could be generated at lower cost. (4) Maximum net benefits are acquired f

  • Q : Maximization of complete value of

    Maximization of the complete value of output from a fixed amount of resources gives in: (i) Opportunity cost. (ii) Economic efficiency. (iii) Potential profitability. (iv) Comparative benefit. (v) Scarcity. How can I solve my

  • Q : Condition to being a free good Which of

    Which of the given probably comes closest to make a free good: (1) Unexpected warmth through the sun within Chicago in January. (2) A hot school lunch given for a needy student. (3) A microwave pizza bought along with food stamps. (4) Income earned th

  • Q : Illustrates a case of entrepreneurs in

    The economic profits realized through organizing production, bearing uncertainty, taking risks and innovating are rewards to: (i) corporate managers. (ii) astute financial investors. (iii) corporate stockholders. (iv) creative inventors. (v) entrepreneurs.