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When might it be desirable for a government to act as a producer of some good and services?
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When might it be desirable for a government to act as producer of goods and services with regards to economics?
Discussion of areas of market failure. This will be expressed in general terms - syllabus mentions the government as a producer of goods and services but does not deal with public and merit goods.
One option available to regulate a monopoly is?
In certain cases, the government might have to intervene by imposing fines or otherwise regulate the business. In the case of public goods, the government might actually have to be the producer of certain desirable, yet unprofitable goods and services.
Why might a government intervene in the market economy?
Essentially, due to market failure of some type: the market does not efficiently allocate some desirable commodity and the government attempts to correct this misallocation.
6. How might marginal cost impact the activity of a producer?
It might lead a producer to charge more for a product or service.
A government that operates a market economy MIGHT become involved in the economy?
to provide public goods and services to its citizens.
When might it be desirable for a government to act as producer of goods and services with regards to economics?
Discussion of areas of market failure. This will be expressed in general terms - syllabus mentions the government as a producer of goods and services but does not deal with public and merit goods.
One option available to regulate a monopoly is?
In certain cases, the government might have to intervene by imposing fines or otherwise regulate the business. In the case of public goods, the government might actually have to be the producer of certain desirable, yet unprofitable goods and services.
Which statement best describes how tax cuts might impact state services?
Tax cuts might cause the government to reduce state services.
Why might a government intervene in the market economy?
Essentially, due to market failure of some type: the market does not efficiently allocate some desirable commodity and the government attempts to correct this misallocation.
What are intelligence services?
The intelligence services are the CIA, the NSA, etc.; they are what we might refer to as spies. They are government organizations intended to obtain information that the government needs for strategic or military purposes.
6. How might marginal cost impact the activity of a producer?
It might lead a producer to charge more for a product or service.
A government that operates a market economy MIGHT become involved in the economy?
to provide public goods and services to its citizens.
Is Trubs the most desirable Irish woman around?
No. Andrea Corr might be.
Why might flexibility and open mindedness be desirable qualities in a scientist?
creativity is important
Why might flexibility and open-mindedness be desirable qualities in a scientist?
creativity is important
Can fruit be a producer?
i dont know , might be . i think its a NO
What are some services that deliver Christmas trees?
Some services that deliver trees are usually found near farms where trees are cut, "manufactured", and sent to customers. Sometimes, services might be both the middleman and producer.
