Efficiency in the use of resources

Reference no: EM13978915

Suppose you have more books than you want but would like to have more sporting goods. Explain how your well-being would be affected if a law existed preventing the trading of books for sporting goods. How would such a law affect efficiency in the use of resources? Show how a law banning the sale of books will cause a loss in efficiency.

Reference no: EM13978915

Questions Cloud

Losses and deductions of an s corporation : Per the text and IRC, losses and deductions of an S corporation pass through to the shareholders of the corporation and are limited to the shareholders' basis in the S corporation. Suggest a plan for a client to increase the deductible pass throug..

Identify the aacn bsn essential that you have selected : Select one of the AACN BSN Essentials and elaborate on its meaning and importance in your own future professional nursing practice. Identify the AACN BSN Essential that you have selected by name and number

How would you expect themeasured value of the magnetic field : How would you expect themeasured value of the magnetic field to change if the field weresampled at the same distance from each of the two wires?

What is the acceleration of mass across frictionless table : Suppose m1 = 2.0kg and m2 = 1.0kg. What is the acceleration of m1 across the frictionless table?

Efficiency in the use of resources : Suppose you have more books than you want but would like to have more sporting goods. Explain how your well-being would be affected if a law existed preventing the trading of books for sporting goods. How would such a law affect efficiency in the ..

Solve the following problem by doing hand calculations : Based on the results of (a) through (c), what conclusions can you reach concerning the miles per gallon of mid-sized sedans?

How would you handle this bullying situation : You have been a nurse on a medical-surgical unit for three years. You observe a new graduate nurse being verbally bullied by her preceptor. How would you handle this bullying situation

Critically reflect on the importance of capital budgeting : Critically reflect on the importance of capital budgeting. Why is this such a heated subject in many boardrooms? How does capital budgeting promote the financial health of an organization? How will you use the financial techniques you have learned th..

Mapping the general external ecosystem of an industry : you will conduct research and perform critical analyses of the general external ecosystem, including a detailed stakeholder analysis, of the organisation that you are studying - Johnson & Johnson

User Account

All Pages