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In accordance with political costs theory, to avoid the shifting of business wealth towards the public and/or political sector, companies will voluntarily disclose information when this will lead to an improvement in the relationships with governments and the public sector by decreasing political costs (e.g. taxes) and obtaining certain advantages (subsidies, governmental actions in favour of the corporation, etc.).
Dereck Kozey
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What is the Difference between price theory and income theory?
Price theory can be referred to as Micro economics and income as Macro.
Who developed the theory of price?
Marshal
Developed the Theory of Price?
Marshall
Who develop the theory price?
Marshal
Scope of micro and macro economics?
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
Price theory is also known as?
development economics
Disadvantages of price mechanism theory?
Opponents argue that one of the primary disadvantages of the price mechanism theory is income inequality. Other disadvantages include unemployment and inflation.
In the theory of Monetarism what causes the price to increase?
larger quantity of money in circulation
Why does the short run aggregate supply curve slope upward?
there are three reasons why the SRAS curve is upward sloping Sticky wages theory Sticky Price Theory misperception theory
What is scope of macroeconomics?
The scope of Scope of Macro Economics can be studied in the following theories :- 1. Theory of National Income 2. Theory of Employment 3. Theory of Money 4. Theory of General Price Level 5. Theory of Economic Growth 6. Theory of International Growth .
What do diameter and price have in common?
If a SMALL pizza is 10 inches in DIAMETER, and the price of a small pizza is usually around $10, then that's what the common theory is of both diameter and price.
What is the consistent theory of price?
Consistent theory of price.The consistent theory of price is pretty simple. It says that the actual market price of a good is determined by bargain between the buyer and the seller. The price may be settled anywhere between the floor and the ceiling of the core.Consistent theory of price distinguishes four successive phases of price. First, it stats with the shadow price of an individual who can produce two alternative goods under subsistence. The marginal rate of substitution between the two goods, both in terms of production and in terms of consumption provides the shadow price. Secondly, the objective or barter price is settled by bargain between the buyer and the seller. Thirdly, a competitive price occurs when there are many buyers and many sellers, effectively narrowing the price core. Finally, a consistent long term price emerges after all adjustments in related complements and substitutes have occurs so that the price become stable around an equilibrium with no tendency to depart from it, but with all tendency to return to it after any change in demands or supplies.Sajib Saha.
