For an economist, is the socially optimal output always preferred to the market output?
Question:
For an economist, is the socially optimal output always preferred to the market output?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The accompanying table shows the marginal benefits and costs of paper production and consumption per week: a. Based on these private costs and benefits, what will be the equilibrium price of paper?...
-
The accompanying table shows the marginal benefits and costs of beer production and consumption per week: a. Based on these private costs and benefits, what will be the equilibrium price of a...
-
(Explain what you think the problem is and why You think it is the problem. The Problem is NEVER FINANCIAL, financial problems are symptoms of the real problem!!) You must state the problem in terms...
-
Children out of School in America is a report on delinquency of school-age children prepared by the Childrens Defense Fund (CDF), a government-sponsored organization. Consider the following three...
-
Regarding consumer behavior, limited decision-making is where... Select one: a. An individual relies only on his/her knowledge to make a decision b. Few options are considered and little effort is...
-
(a) Compute the electrical conductivity of a cylindrical silicon specimen 7.0 mm (0.28 in.) diameter and 57 mm (2.25 in.) in length in which a current of 0.25 A passes in an axial direction. A...
-
Apple. Apple seeks energetic, dedicated students with a passion to educate others about Apple products. The company prefers students who excel at time management, have a marketing or sales...
-
Henderson Floor Coverings reported the following summarized data at December 31, 2016. Accounts appear in no particular order, and all have normal balances. Service Revenue ...... $ 38,000 Equipment...
-
Automobile demand has fallen during a recent recession, and Ana has been laid off from her job on the assembly line. Rajiv recently lost his job as a waiter at a local restaurant. A recent increase...
-
What does it mean to internalize an externality?
-
What is the major difference between the market output and the socially optimal output?
-
To what extent is strategy as the art of war relevant to contemporary organisations? What other metaphors might you use to define strategy? What metaphor would best describe the strategy-making...
-
a) Given data 010101101, what is the data frame after adding an even parity bit? b) Suppose you receive a binary word "01010011" and you know you are using odd parity protocol. Is the binary word...
-
What is the process of removing all syntax and logical errors from a program in order to create a working program that accomplishes all intended tasks known as ? debugging executing commenting out...
-
Write a program in C++ to calculate the sum of the series (1*1) + (2*2) + (3*3) + (4*4) + (5*5) + + (n*n). The code should: ... ask the user to input a number implement a for-loop that loop the...
-
David has a laptop that is having a problem with the video system. Initially you thought the problem might be the backlight, but in your research discovered it does not have a backlight. After...
-
A program's execution of various statements and procedures in a correct order to produce desired results is referred to as what defining characteristic? The program's GUI. The attributes utilized by...
-
In Fig P2.40 the pressures at A and B are the same, 100 kPa. If water is introduced at A to increase pA to 130 kPa, find and sketch the new positions of the mercury menisci. The connecting tube is a...
-
As economic conditions change, how do banks adjust their asset portfolio?
-
Two inch of precipitation fall on a 4 ac (1 ac = 43,560 12) watershed over a duration of two hours, what is the equivalent volume of water? A stock just paid a dividend of $5.77 and is expected to...
-
What is an effective fully automated way to prevent malware from entering your system as an email attachment? Anti - virus software Fully patched operating system and applications A full system...
-
They are then expected to Identify the following: 1 - Entities Name 2 - Attributes 3 - Entity Relations 4 - Weak and String Entity 5 - Cardinalities and Connectivity s 6 - Optional and Mandatory Rela
Study smarter with the SolutionInn App