Which of the ten principles of economics does welfare economics explain more fully?
a. rational people think at the margin.
b. the cost of something is what you give up to get it.
c. people respond to incentives.
d. markets are usually a good way to organize economic activity?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the ten principles of economics does welfare economics explain more fully? a. rational people think at the margin. b. the cost of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Profit, Revenue, and Total Cost Think about an artist who owns her own business. Match each term with the example from her business that best fits that term.
Answers (2)
High-performance work systems frequently begin with:
Answers (1)
On May 31, 20X1, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the entity. The assets of the component were sold on October 13, 20 X 1, for $1,200,000.
Answers (1)
gMeadowlark has a direct labor standard of 2.1 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Meadowlark paid $94,750 to employees for 4,445 hours worked. 2,200 units were produced during July.
Answers (1)
Fixed Costs, or overhead, are expenses that are the same no matter how much product you sell. Identify the fixed costs for your cafe, estimate the monthly amount for each, and calculate the monthly total.
Answers (1)
New Questions in Business
Suppose the inflation premium is 2 percent and the nominal interest rate is 1 percent. Instructions: In part a, enter your answer as a whole number. In part b, round your answer to 1 decimal place.
Answers (1)
Z Co. filed suit against W Inc. in 2021 seeking damages for patent infringement. At December 31, 2021, legal counsel for Z believed that it was probable that Z would be successful against W for an estimated amount in the range of $30 million to $60
Answers (1)
Which of the following statements about nonverbal communication is false? Select one: (A) Mastering nonverbal signals will allow you to "read someone like a book." (B) Nonverbal signals can be used to assert both authority and intimacy.
Answers (1)
What percentage of the 27.3 million businesses in the united states are small companies with less than 500 employees?
Answers (1)
Jim is a manager of a restaurant. He is very concerned with efficiency and goal accomplishment as well as very intent on making employees happy through lots of participation and open-mindedness.
Answers (1)