### What has been the end result of government intervention

Assignment Help Microeconomics
##### Reference no: EM13206974

what are some areas where market fails to give us adequate quantity of output and desirable price?

topic is: minimum wages

questions
1. what action has our government taken in order to provide this good and service in an equitable fashion?
2. what are the alternatives to government intervention?
3. what has been the end result of government intervention?

#### Questions Cloud

 Excommunicated from the catholic church : Luther was eventually excommunicated from the Catholic Church for his outcry against the church's practices. Explain whether you think Luther was justified in his accusations, and state the reasons for your position. How many years it will take an investment to triple itself : compare the interest rate earned on \$15000 for 25 years at 7% simple interest with the amount of interest earned if interest were compounded annually SIMPLE INTEREST: I=iPN=(0.07)(\$15,000)(25) I=\$26,250 COMPOUND INTEREST I=P[(1+i)^N-1] I=\$15,000[(1.. How big a piece of cardboard is needed : Squares from each corner and folding up the sides, as shown in the gure. The box is to hold 100 in3. How big a piece of cardboard is needed? What are the dimensions of the factory : What must the width of this lawn be, and what are the dimensions of the factory? What has been the end result of government intervention : what action has our government taken in order to provide this good and service in an equitable fashion what are the alternatives to government intervention 3. what has been the end result of government intervention How many moles of oxygen during the two wekks period : An oxygen tank kept at 20 degree C contains 28.0 moles of oxygen and the duage reads 31.0 atm. after two weeks, the guage reads 10.5 atm how many moles of oxygen What are the possible values : Suppose that f (x) is a degree 4 polynomial with coefficients in a field F, and let K be the splitting field of f (x). What are the possible values for [K : F]? Why managers are considering ceasing production : A can manufacturing company produces and sells three different types of cans: Versions X, Y, andZ. Ahigh-level, simpli fiedpro fit/lossstatementforthecompanyisprovidedhere. Corporate overhead (rent, general and administrative expense, etc.) What is the speed of the boat in still water : In order for a barge to travel 24 mi upriver and then return in a total of 5 hr, approximately how fast must the barge be able to travel in still water? 30. Navigation. The Hudson River flows at a rate of 3 mph. A patrol boat travels 60 mi upriver..

### Write a Review

#### Equilibrium price of marijuana

Predict what would happen to the equilibrium price of marijuana if it were legalized. Use demand & supply analysis to answer. Provide verbal and graphical explanation.This paper has to be three pages.

#### How you would respond with economic policies.

Explain and illustrate how each of these events would affect aggregate demand, aggregate supply, and prices, then explain how you would respond with economic policies. Please show illustrations showing the movement of the AS and AD curves.

#### Market characteristics for pizza franchise

In what kind of market do you think your franchise operates (perfectly competitive, monopoly, monopolistically competitive, oligopoly)? What are the specific characteristics which make it this type of firm?

#### The investment made by the hotel chain corresponds to which

a hotel chain which gives it priority access to 25 percent of its rooms in major tourist destinations throughout the year. The contract encourages the hotel chain to increase the number of rooms in each of these hotels.

#### Holistic view of student in terms of standardized assessment

Discuss why is it important to think that the holistic view of a student in terms of standardized assessment and how would the results of your interpretation effect educational decisions for the student?

#### What might shift the aggregate-demand curve

What might shift the aggregate-demand curve to the left Use the model of aggregate demand and aggregate supply to trace through the short-run and long-run effects of such a shift on output and the price level.

#### Effect of rising jet fuel prices

Increasing jet fuel values recently led most major United States airlines to raise fares by approximately 15%. Describe how this substantial increase in airfares would affect the following;

#### Explain different strategies to earn profit in bussiness

So the people that live within walking distance are the only customers you might get, and there are no other stores nearby. If the firm sells the products separately, what price should it charge.

#### What trends suggest this may be changing in the near future

Information Technology (IT) has been around for a long time but most health care organizations have not embraced information technology as much as most other industries. Discuss this issue as it relates to your organization. Given the material in..

#### Explain the two causes of market failures

Explain the two causes of market failures. Given their definitions, could a market be affected by both types of market failures simultaneously What divergences arise between equilibrium output and efficient output when (a) negative externalities a..

#### Calculate johns maximum daily profit

Calculate John's maximum daily profit and what is John's supply curve? Mathematically represent and then explain.

#### Determine supply curve for a single firm

Think a competitive industry consisting of one hundred identical firms each with the following cost schedule,