What is the marginal utility of an inferior good? What are the opportunity costs of being positive? What are the implications of the satisfaction of level at all points of indifferent curves? What is a merit good and a demerit good? Give examples of each. ...
What is a merit good and a demerit good? Give examples of each. What is spillover? What is meritocracy? Give an example. Explain what willingness to pay is. What incentive encourages people and organizations to improve their material well-being by seeking to gain from economic activities?
Introduction: Recently, Russian State Duma deputy has suggested the additional tax to be imposed over foreign fast food. Since the fast food is a demerit good it will be over-provided by the market and, because of this, it will be overconsumed. An important point is that such a good will...
be good at…/doing… 擅长(做)某事物 do well in doing… 擅长做某事 7 My greatest strength is being able to understand a customer's needs. 我长处是能够了解客户的需求。 A: What are your greatest strengths? B: My greatest strength is being able to understand a customer's needs. 甲:你长...
"I think that, to some degree, there is a bit of undermatching among candidates, that they're not self-selecting. They're taking themselves out of the class preemptively, because they're not achieving some fictional bar that really doesn't exist." Searching for...
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Another demerit of the existing studies is that the industry heterogeneity of PV-based poverty relief is ignored. Therefore, further research requires more empirical evidence to verify the contribution of PPAPs to improving the livelihoods of poor rural families, especially large-scale empirical research...
"They are still buying beef but instead of New York strip, they are trying skirt steak, for example. And the frugality is not only confined to groceries," Demeritt said. "It's likely impacting other categories and should have companies thinking about things like how to size product or pack...
blacklisting is ‘not just cheap talk or signaling, but is a stick that can be used to beat small tax havens and much larger states into regulatory reform’ (ibid., 593). In a similar vein, Eggenberger (Citation2018) compared the blacklisting process in the case of the OECD and the ...
Demerit points do not go on your drivers licence until after the ticket is finished in court. After the court hearing the points go on your record for 2 years, from the time of offence. If it took a year to come to court, the points will only be on your record for one year or le...