User Account

All Pages

Find one of the political philosophies easier

Assignment Help Microeconomics
Reference no: EM132500285

1. Do you find one of the political philosophies easier to agree with or easier to justify? Which do you most closely align with, and why?

2. Consumer choice theory tries to quantify everything - can this be done? What would you argue is something that people value that cannot be quantified? Does this way of thinking seem useful to you?

3. What are situations in life where asymmetric information is most harmful? What are ways that you or someone else has tried to overcome this obstacle?

4. The development of public choice and political economy studies is based on the ideas that nothing is sacrosanct: we can question the decisions of everyone, including the government. Why would we question the decision making of government officials? 

Reference no: EM132500285

Questions Cloud

What are the expected average quarterly costs of running : What are the expected average quarterly costs of running a consulting practice if fixed costs are expected to be $5,200 a month and variable costs.
Certain firms to operate as a monopoly : What barriers to entry exist in other industries that allow certain firms to operate as a monopoly? Are these barriers contestable?
Identify techniques that the counselor used with adolescent : Identify two techniques that the counselor used with the adolescent and explain why these techniques were appropriate for the developmental stage.
Determine each item is a facility-level : Provide one example of an appropriate allocation base for each item. (For instance, an appropriate allocation base for item 5 is the quantity of direct material
Find one of the political philosophies easier : Do you find one of the political philosophies easier to agree with or easier to justify? Which do you most closely align with, and why?
Give entries to record the receipt of the subscription fees : Give the entries to record the receipt of the subscription fees and to adjust the accounts at December 31, assuming annual financial statements
What adjusting entry is necessary at december : A one-year insurance policy was purchased on November 1 for $2,400, and the following entry was made at that time. What adjusting entry is necessary at December
How much producer surplus is created with the price floor : How much producer surplus is created with the price floor?
Determine the average contribution margin per hour : What is the average service revenue per hour in each month and the overall average for the six-month period? Determine the average contribution margin per hour.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd