5. From a purely economic standpoint, should prostitution be licensed, legalized and taxed? Why or why not?
From an economic standpoint, prostitution should be legalized, licensed and taxed and this is all because of the fact that prostitution Actually has higher amount of black markets because of the fact that it is still not legal but has a huge demand and this black markets and get to create economic inefficiencies on the whole as a result of which in order to reduce economic inefficiencies it should be legalized, licensed etc.
5. From a purely economic standpoint, should prostitution be licensed, legalized and taxed? Why or why...
From a purely financial standpoint, if a product line has a negative contribution margin, the product line should be discontinued O True O False
From an economic standpoint, why might low income neighborhoods be attractive locations for hazardous waste storage sites?
should organ trade be legalized and why? why woukd it be safer for doctors and the doners
explain from an ethical standpoint why you think vaccinations like those described in the article should be mandatory in the US for all children. Then explain, also from an ethical standpoint, why individual families should have the right to decide if their children should be vaccinated.
9. Why is rational ignorance important from an economic standpoint? I. Voters might not make informed choices. II. Voters will make decisions based on incorrect or incomplete information. III. Special interest groups may control economic outcomes if they are the only ones who are not rationally ignorant. I only I and II only II and III only O I, II, and III
WHY WE SHOULD LEGALIZED MARIJUANA? without taking in google. 500 words i need your opinion why we must legalized it
An opportunity cost is a past cost. O True O False From a purely financial standpoint, if a product line has a negative contribution margin, the product line should be discontinued. True False On the direct materials budget, the total quantity of direct materials to purchase is computed as beginning inventory of DM A. units to be produced + desired end inventory of DM O B. units to be produced desired end inventory of DM beginning inventory of DM. C....
From an economic efficiency standpoint, what response would you give to people who lament when a big box store such as Lowes or Wal-Mart enter a small town and drive the small mom-and-pop stores out of business? Why?
explain what is meant by the term “economic efficiency.” From the standpoint of economic efficiency, is it a worthwhile goal to eliminate all pollution? 4.what is the “first theorem of welfare economics? “illustrate an efficient outcome for 2 individuals using the Edgeworth box diagram. Explain the conditions under which a market economy would be expected to achieve Pareto efficiency. Provide three examples of “market failure “that are relevant to environmental and natural resource economics.
Discussion: Answer each section below in separate paragraphs. A. From a purely economic point of view, should the government impose price floors on wages, otherwise known as a minimum wage? What are the pros and cons of doing so, and do the pros outweigh the cons or do the cons outweigh the pros? Explain. B. Which of the following statements is true, and why? (Note that it is not a combination of both. Only one statement is true.)...