Negative consequences of taking advantage of resources

Assignment Help Business Economics
Reference no: EM131107366

Describe an example of a person who is taking advantage of resources, and another example of a person who is not taking advnatage of resources.

Discuss the positive and negative consequences of taking advantage of resources.

Reference no: EM131107366

Questions Cloud

Price elasticty of demand for medical check-ups : A Microeconomist estimates that the price elasticty of demand for medical check-ups is 0.65. This suggest that the producer of medical check-ups could:
Government impact on exchange rates : "Government Impact on Exchange Rates" Please respond to the following: From the first case study, imagine a situation where the Thai government has decided to peg the Thai Baht to the U.S. dollar. Determine the fundamental manner in which a fixed exc..
Price of elasticity of demand : If the price of elasticity of demand for football tickets is estimated to be 2.8, then a 5 percent increase in football ticket prices would be expected to cause a:
Two points on the demand curve : The data in the table above give two points on the demand curve for pizza. Using the midpoint method when the price of a pizza falls from $10 to $9, what is the price elasticity of demand?
Negative consequences of taking advantage of resources : Describe an example of a person who is taking advantage of resources, and another example of a person who is not taking advnatage of resources. Discuss the positive and negative consequences of taking advantage of resources.
What weaknesses are commonly associated : What weaknesses are commonly associated with the use of the payback period to evaluate a proposed investment?
What is the payback period how is it calculated? : What is the payback period? How is it calculated?
What is the financial manager’s goal in selecting investment : What is the financial manager’s goal in selecting investment projects for the firm? Define the capital budgeting process and explain how it helps managers achieve their goal.
Calculate eco''s current weighted average cost capital : Calculate Eco's current after-tax cost of long-term debt. Calculate Eco's current cost of preferred stock. Calculate Eco's current cost of common stock. Calculate Eco's current weighted average cost capital.

Reviews

Write a Review

Business Economics Questions & Answers

  The nation of isolani forbids international trade

The nation of Isolani forbids international trade. In Isolani, you can exchange 1 car for 5 motorcycles. In other countries, you can exchange 1 car for 4 motorcycles. These facts indicate that

  Supply of money compared to the demand for money

Interpret the following graph showing the potential changes in supply of money compared to the demand for money. The demand for money is represented by line MD and the initial supply of money is represented by line MS. If there is no change in the in..

  Individual is taxed-rate for each extra dollar earned

If an individual is taxed at a 17 percent rate for each extra dollar earned, the reference is to the

  Is society obligated to ensure access to a basic level

Is society obligated to ensure access to a basic level of health care for all its citizens such as the accepted obligation to provide educational opportunity to all citizens?

  What economic could be used to demonstrate incentive

What economic example could be used to demonstrate incentives that were used to "nudge" buyers/sellers

  Negative marginal tax rate on very- high-income individuals

Explain why it might be desirable to have a regressive tax structure, even if the social welfare function is utilitarian, when general equilibrium effects of taxes are taken into account. Would it ever be desirable to impose a negative marginal tax r..

  Donald is a stamp collector

Donald is a stamp collector. The only things other than stamps that Donald consumes are Harold’s doughnuts. It turns out that Donald’s preferences are quasilinear, represented by the utility function U(d, s) = ln d + s, where d is the number of dough..

  Suppose the supply curve for a good shifts rightward

Suppose the supply curve for a good shifts rightward, causing th equilibrium price to decrease. The decrease in the price of the good results in:

  An increase in the price of particular good

The impact of an increase in the price of a particular good is illustrated as a

  Calculate the effect on producer surplus-consumer surplus

Suppose tariffs of $2 were imposed. Calculate the effect on producer surplus, consumer surplus, government revenue and the deadweight loss.

  Firm maximizing output relative tom its labor cost

A firm has two plants, one in the US and one in Mexico and it cannot change the size of the plants or amount of capital equipment. This wage in Mexico is $5. The wage in US is $20. Given current employment the marginal product of the last worker in M..

  Household behavior on the overall volume of bank lending

Suppose that households in the US switched some of their wealth out of their checking accounts and into short term bank CD's. If banks use all excess reserves to support increased lending, what is the effect on this household behavior on the overall ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd