The pleasure people get from this form of gambling

Assignment Help Business Economics
Reference no: EM13858735

Critically evaluate the following statement: Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.

Reference no: EM13858735

Questions Cloud

Label the axis and least two points on the budget line : A farmer’s field grows 30 bushels of corn and 10 bushels of beans. The farmer can either consume these crops herself or trade them, with one bushel of beans being traded for one bushel of corn. Graph the farmer’s budget which is the possible combinat..
Considering the costs of meeting various standards : Certain environmental laws prohibit EPA from considering the costs of meeting various standards when the levels of the standards are set. Is this a good example of “putting first things first” or simply an unjustifiable waste of resources? Why?
Construct cumulative percentage distribution : A manufacturing company produces steel housings for electrical equipment. The main component part of the housing is a steel trough that is made out of a 14-gauge steel coil. Construct a frequency distribution and a percentage distribution. Construct ..
Determine the values of le and ce for the output lc : Dc input supply voltage VS = 48 V dc, where as the source available is an ac with 230 V (rms). Determine the values of Le and Ce for the output LC-filter. Determine the (peak and rms) voltage ratings and the (average, rms, and the peak) current for a..
The pleasure people get from this form of gambling : Critically evaluate the following statement: Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.
How large is the economy of india : Indian GDP in 2010 was 78.9 trillion rupees, while U.S. GDP was $14.5 trillion. The exchange rate in 2010 was 45.7 rupees per dollar. India turns out to have lower prices than the United States (this is true more generally for poor countries): What i..
Obtain the shear force : The beam consists of two segments pin connected at B. 1. Obtain the shear force V1(x) and bending moment M1(x) for 0
Machines in terms of their present value in cost savings : Machine X will produce cost savings of $6,000 per year for four years; machine Y will produce cost savings of $4,000 per year for six years. If the interest rate is 10% compounded annually, what are the savings for both of these machines in terms of ..
Services supplied by business in the product market : How supply effects goods and services supplied by business in the product market. How demand effect goods and services in the consumer market. How supply effect factors of production in the factors market and how demand effects factors of production ..

Reviews

Write a Review

Business Economics Questions & Answers

  Consideration for policies to address global warming

From an economist's perspective, an important consideration for policies to address global warming is: When a producer cannot get all consumers of their product to pay for enjoying it, such as in the case of a fireworks display, then we'd have a dema..

  Explain general medical makes disposable syringes

Explain General Medical makes disposable syringes for hospitals and doctor supply companies. The company uses cost plus pricing and currently charges 150% of average variable costs.

  Discuss how advertising affects consumer demand

Discuss how advertising affects consumer demand. Discuss how advertising affects consumer demand. Explain why fiscal policy might be needed. Explain how fiscal stimulus or restraint is achieved

  Excessive customer returns of purchased items

Some retailers must contend with excessive customer returns of purchased items. For example, a person may purchase an expensive item at a clothing store; wear it to a fancy event, then return the item. To what extent is the problem of excessive custo..

  Explain how large a decline in the value of bank assets

Explain how large a decline in the value of bank assets would it take to reduce this bank's capital to zero.

  What advantages might a socialist system have in responding

What advantages might a socialist system have in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January, 2010?

  Assuming which marketing sets the direction for company

Assuming which marketing sets the direction for company actions in production also management in order to achieve overall company objectives

  Multipoint description of the trade or business

We know that Keynes and Minsky both had a multipoint description of the trade, or business, cycle with Minsky being more detailed than Keynes. Using Keynes' elements of the trade cycle as major bullet points, as-sign Minsky's elements of the business..

  What interpretation would you give the exponent for r

What interpretation would you give the exponent for R? Why do you suppose R was included in the equation as a variable?

  What is the elasticity using the original formula

Suppose that a store will sell 2000 boxes of bananas a week at a price of $12 per box. If the store raises its prices to $15 per box, it will sell 1500 boxes. What is the elasticity using the original formula? What is the elasticity using the midpoin..

  Bank compounds interest yearly

If the bank compounds interest yearly, explain how much will you have in your account on January 1, 2015

  Illustrate what is the problem with economic policy

"The problem with economic policy becomes most obvious when attempts are made to tinker with little economic changes, as the tools governments have at their disposal are too crude." This statement is a criticism of

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!

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