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How do you explain why economists usually oppose controls on prices.?
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Why do economists usually oppose controls on prices?
Because controls are alwasy ultimately unsustainable. Whenever governments try to control prices, people find ways around the controls. This is why blackmarkets emerge. If it costs $X to produce something and the government caps the price at something less, then it just won't be supplied and no-one will be able to buy it, except on the blackmarket if they are willing to pay $X (plus something because of the risk of getting caught). If the control is to set a minimum price, then people will often trade on the cash economy where the transaction can't be traced.
Why might wealthy oppose income taxes and poor people oppose sale taxes?
Income taxes are usually progressive, so would effect the wealthy the most, while sales taxes would have a greater effect on the poor.
Why do economists oppose policies that restrict trade among nations?
Economists oppose because besides gaining from trade there are some disadvantages that a nation face.... Free trade implies open access to the economy of any nation and thus the economy of a nation can be influenced by the activities of other nations... trade helps nation in specialization of producing that goods in which it has comparative advantage i.e which it can produce with lower opportunity cost... If a nation specialize in only one commodity production neglecting others then it would have to be dependable to other nations for other commodities..thus it may expand the economy of others but not its own... often international trade becomes beneficial when one can get goods at lower price than its price in own country,but it causes the internal industries as well as economy to break down.... so to expand own economy as well as development a nation should restrict its trades protecting own industries....
Why might wealthy people oppose income taxes and poor people oppose sales taxes?
Each opposes the tax that would have the greatest effect on them.
Why did farmers oppose tariffs?
Why did farmers oppose tariffs? Tarrifs would raise the proces for their goods & they worried that they would not make as much profit. By Kenny A.
Why do economists usually oppose controls on prices?
Because controls are alwasy ultimately unsustainable. Whenever governments try to control prices, people find ways around the controls. This is why blackmarkets emerge. If it costs $X to produce something and the government caps the price at something less, then it just won't be supplied and no-one will be able to buy it, except on the blackmarket if they are willing to pay $X (plus something because of the risk of getting caught). If the control is to set a minimum price, then people will often trade on the cash economy where the transaction can't be traced.
Why do some people oppose the influence of American cul true on their society?
Usually those are the cultures that oppose freedom.
Merchants challenged the Church's ban on usury Explain why merchants would oppose this policy?
Because the merchants gained profit from it.
What is a offensive action in sports?
a foul, or if youre american, then usually an attack(as oppose to defence).
Why do some environmental groups oppose tidal energy?
Environmental groups do not necessarily oppose use of tidal energy, but in some cases they oppose the location that is proposed to make use of the energy. The opposition is usually based on negative effects it would have on wildlife and the environment.
Does the word oppose have the schwa sound?
Yes, the word "oppose" contains the schwa sound in the second syllable, pronounced as /ə/.
What is the present tense of oppose?
Oppose
What did the opposition to legalize cause many conservatives to do?
Opposition to legalized abortion caused many conservatives to oppose the ERA.
Why might wealthy oppose income taxes and poor people oppose sale taxes?
Income taxes are usually progressive, so would effect the wealthy the most, while sales taxes would have a greater effect on the poor.
What are the zaptistas oppose do they oppose?
I think so
Who is an abolitionist Explain?
An abolitionist is a person who opposes slavery. The ones who truly dislike it go out there and free their slaves or convince others to oppose it, like Harriet Tubman and the Grimke sisters.
Oppose in a sentence?
The demonstrators plan to oppose the new shopping mall. I oppose anything curtailing civil rights. Oppose means to hinder, counterbalance or resist.
