i need the answer quickly 5. In which year "Zero Based Budgeting" started inIndia ?[A] 1960[B] 1983[C] 1991[D] 2000Show Answer

Zero-based budgeting: Zero-based budgeting is an approach to plan and prepares the budget from the…

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Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 7SCQ: Would a research study on the effects of soft drink consumption on childrens cognitive development...

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Similar questions

What is productive efficiency? Allocative efficiency?
What are diminishing marginal returns as they relate to costs?
Exercise A3 What dome slices of a pie chart represent?
What is an example of a problem in the world today, not mentioned in the chapter, that has an economic dimension?
What would be another example of a system in the real world serve could serve as a metaphor for micro and macroeconomics?
What are examples of individual economic agents?
What are explicit and implicit costs?
Becky and Sarah are sisters 1who share a room. Their room can easily get messy, and their parents am always telling them to tidy it. Here are the costs and benefits to both Becky and Sarah, of taking the time to clean their room: If both Becky and Sarah clean, they each spends two hours and get a clean room. If Becky decides not to clean and Sarah does all the cleaning, then Sarah spends 10 hours cleaning (Becky spends 0) but Sarah is exhausted. The same would occur for Becky if Sarah decided not to cleanâ€”Becky spends 10 hours and becomes exhausted. If both girls decide not to clean, they both have a dirty room. What is the best outcome for Becky and Sarah? What is the worst outcome? (It would help you to construct a prisoners dilemma table.) Unfortunately, we know that the optimal outcome will most liker not happen, and that the sisters probably will choose the worst one instead. Explain what it is about Beckys and Sarahs reasoning that will lead them both to choose the worst outcome.
In what ways (it) company investments in research and development create positive externalities?
If the price of a pie is 12, what is the maximum number of pies she could buy in a week?
Suppose Alphonsos town raises the price of bus tickets from 0.50 to 1 and file price of burgers rises from 2 to 4. Why is file opportunity cost of bus tickets unchanged? Suppose Alphonsns weekly spending money increases from 10 to 20. How is his budget constraint affected from all three changes? Explain.
What is a production technology?

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