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Is it possible for a country with a regressive tax system to have a tax-spending system that transfers resources from the rich to the poor?
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What are the resources allocation under perfect competition?
In economics, perfect competition is a structure that allocates resources as efficiently as possible. When this happens, price and marginal cost are equal.
What is an optimum resource allocation?
Optimum allocation is when productive and allocative efficiency co-exist. Productive efficiency is achieved when when products are made with the least possible use of the resources, i.e, by incurring lowest possible costs in producing them Allocative efficiency is achieved when the combination of products produced provide consumers the greatest possible satisfaction, i.e, goods which are most wanted are produced When both these elements are present, there is also economics efficiency. This means that resources are used in the best way possible, i.e, producing the goods which are most wanted with the least possible use of resources
Why optimization is so important in economics?
in an economy we have limited resources with unlimited want. in order to get the maximum possible solution to meet our desire we need to ensure the optimum use of our resources.
How would you describe an economy that uses it resources to make the greatest possible number of a good and services?
Efficient.
What is optimum allocation?
Optimum allocation is when productive and allocative efficiency co-exist. Productive efficiency is achieved when when products are made with the least possible use of the resources, i.e, by incurring lowest possible costs in producing them Allocative efficiency is achieved when the combination of products produced provide consumers the greatest possible satisfaction, i.e, goods which are most wanted are produced. When both these elements are present, there is also economics efficiency. This means that resources are used in the best way possible, i.e, producing the goods which are most wanted with the least possible use of resources Tried using simple English. Hopefully it helps. Thx
Which two methods of heat transfers are possible with liquids?
Coduction and convection.
Will brain transfers ever be possible?
yer probably but not for another 20 to 30 years
What is a possible Natural resources in the lake?
Water
is it possible to send bank wire transfer from Iran to Nigeria?
Never send wire transfers. if there is a problem, the money is gone.
What does uta mean for wire transfers from a bank?
UTA stands for Unitrans act. UTA makes it possible for you deposit funds in a number of different ways. These include UTA instant transactions, local deposits, and international wire transfers.
Is it possible to have a checkless society and how?
Checkless societies are possible with the growing trend toward electronic transfers and ATM cards. Many people in industrialized countries use electronic funds exclusively.
What is the purpose of the possible?
to show alternative ways to use an economy's resources
What is the role of community in conservation of resources?
The role of the community in conservation of resources is large because the community is what uses the resources. The community must try to make products and cities as green as possible.
A possible hostile event affecting priority resources at cafb is a?
Helping Hand
What does eco-responsible mean?
Being Eco-responsible means taking care to manage Earth's resources efficiently and effectively. Naturally this means that one should use less resources when possible and reuse them if at all possible.
Objectives of e banking?
One objective of e-banking is mobility. It is possible to make transfers and check your balance on the go if you have an account that is accessible through the internet.
What is the highest score you can get on lexile?
http://www.scholastic.com/resources/article/lexile/ The highest possible level is 2000L.
