Explain any six tools available for government interventions

Assignment Help Microeconomics
Reference no: EM132171613

Question: A market failure occurs when the supply of good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants. Hence government need to intervene to bring efficiencies. Explain any six tools available for government interventions to deal with the market failures suitable examples.

Reference no: EM132171613

Questions Cloud

Hris for selection and assessment of potential employees : Explain the guidelines you would establish for use of an HRIS for the selection and assessment of potential employees.
Possible robot manufacturing and marketing agreement : Alpha-Beta Introduction ln this situation you will negotiate a possible robot manufacturing and marketing agreement with another company.
At what discountrates benefit-cost ratio of project exceed : Calculate the present value of the increasedincome per participant with each of the followingdiscount rates: 0 percent, 1 percent, 3 percent,5 percent.
What the test case is and the result : Show the user what the test case is and the result. The program must not require any user input.
Explain any six tools available for government interventions : A market failure occurs when the supply of good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market
Design a pi controller for the displacement of load element : The simple model of the system is shown above with a mass m in addition to the viscous damping b.
Categories your requirements revealed through the value : Can you develop clear requirements from this? Categories your requirements revealed through the value you perceive into “Basic Quality”,
Write down the description of the strategy : The following paragraphs provide a description of the strategy used by Morrisons to raise its sales: Morrisons, one of the "big four" supermarkets in the UK.
Context switch between threads : Give a reason why a context switch between threads may be cheaper than a context switch between processes.

Reviews

Write a Review

Microeconomics Questions & Answers

  Determine the price level p in the economy illustrate how

consider a classical long-run economy described by the following equationsy c i gy al ka 50l 400k 100g 0t 0c

  What things impact the value of the dollar

What things impact the value of the dollar Does anyone know why the Chinese Yuan remains very weak against most currencies and thus allows them to export so much Is it fair that the Yuan is made weak against other currencies

  Draws the conclusion that an abusive home life

Based on the study, the psychologist draws the conclusion that an abusive home life leads to poorer school performance in school. Is this conclusion justified?

  Suppose that under a proposed welfare plan

Suppose that under a proposed welfare plan, poor people are eligible to receive a lump-sum payment of $50 each day. However, if they accept this welfare payment, they must pay a high tax, t = 50%, on all additional income they might earn by working. ..

  How would change impact the demand for tablet cases

Now assume that the price of tablet cases drops by 50%. How would change impact the demand for tablet cases? Explain your answer and reconstruct the graph developed in question one to show this change.

  Explain briefly what the act is

Explain briefly what the Act is and why is it relevant to health and social care - What was the route from original source to the source you used

  Marginal revenue and marginal costs

What is true about the relationship between marginal revenue and marginal costs when profit is the greatest?

  What are the cost effectiveness implications

Environmental protection programs are frequently designed to require all polluters to cut back emissions by a certain percentage

  How the target is to be achieved with monetary policy

In the case where the central bank is to achieve a targeted rate of inflation, indicate how the target is to be achieved with monetary policy.

  Calculate the level of price

Calculate the level of price, output and the amount supplied by each firm that arise inthe equilibrium. Provide a labeled diagram.

  Population standard deviation

A random sample of 121 students admitted to the top universities in the year 2009 shows a mean high school GPA of 3.57. The population standard deviation in GPA of students admitted to top universities is known to be 0.28.

  What aftertax rate of return would the corporation receive

A group of businessmen formed a corporation to lease for 5 years a piece of land at the intersection of two busy streets. The corporation has invested $50,000.

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