Explain any two causes of underdevelopment operating in the economy?

Q: Regarding the problem/article below, as a professional in economics, do you think it is necessary…

A: The markets are considered to be of utmost importance for the development and growth of the…

Q: Pricing is key to affordability and economic structures. In a one-page entry, reflect on the role of…

A: Profitability is how much company makes from a sale after subtracting everything it costs to make…

Q: How does demand for business products differ fromconsumer demand?

A: Business products- The stuff businesses market and make profits are company goods. In other words,…

Q: Asses how social welfare and economis policies impact the delivery of and access to social services.

A: A social service, also known as a welfare service or social work, is any of a variety of publicly or…

Q: How does social protection, as an area of government spending, both positively and negatively impact…

A: Social protection basically refers to the government's policies and various programs to reduce…

Q: Define privatization in 30 to 40 words. The definition should be strong and in your own words. Thank…

A: Answer: Introduction: As we know that the word privatization is considered as the process of not…

Q: explain why negative externally creates a cost for the society and how it can be reduced  give an…

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: If slice of life Pizza can get its restaurant to be used in an upcoming movie, then this would be a…

A: Marketing means promotion and selling of goods and services which includes market research and…

Q: How does the optimal size of the subsidy for education vary with the size of the (positive)…

A: An externality refers to the impact of one person's actions on the well-being of a bystander. The…

Q: Analyse the role of market failure as a justification for government intervention.

A: Market failure is a situation when the free market fails to optimally allocate resources. In order…

Q: How large should a Pigovian tax be to achieve efficiency?

A: A Pigovian tax is a tax on any market activity that generates negative externalities.

Q: What is NOT a key feature of gentrification? a_A return of wealthier classes to inner-city areas…

A: The public trust states that some basic resources like water, air, and forest have greater…

Q: What is the  ideal type Eric J. Hobsbawm  economic structure to save the nation from economic…

A: Eric J. Hobsbawm, a British historian, who was awarded  the Balzan Prize for European history,…

Q: In most cases, it is not illegal to sell such products togovernments, oppressive or otherwise. But…

A: A market development strategy tends to target the non-buying customers being in currently targeted…

Q: If education has private benefits to an individualas well as external benefits to society, explain…

A: An externality is said to be created when an individual takes part in an activity that also…

Q: How is Dead Weight Loss Calculated & Graphed?

A: Deadweight loss is the economic inefficiency caused by a market intervention, such as a price…

Q: whether a glut or overproduction -excess supply of all goods in an economy- is possible or not.

A: Excess supply is a situation where the demand for goods and service is exceeded by the supply for…

Q: Which of the following choices is an example of how technology has impacted the supply of goods?…

A: The question is asking for an example of how technology has influenced the supply of goods. This…