Command, market, and hybrid are the 3 economics systems.
Which fundamental economic systems exist?Capitalism and socialism are the two main economic systems in contemporary civilizations. In reality, the majority of civilizations have economies that have aspects of both structures but tend toward one of the poles of the capitalism-socialism spectrum.Economic systems may be divided into three categories: command, market, and hybrid. We'll give a quick overview of each of these three categories.The four different sorts of economic systems are traditional, command, market, and hybrid. Traditional systems, which emphasise the essentials of goods, services, and labour, are influenced by traditions and ideals.To learn more about economics systems refer to:
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Which of the following increases the equilibrium price of a used car and decreases the equilibrium quantity? Select all that apply.
a. An announcement by the U.S. Attorney General that the windows on older cars were made with cheaper glass that can explode at high speeds
b. New federal legislation that raises the legal driving age to twenty-one in all states
c. A new fee that used car dealers must pay to the government on all sales of used cars
d. A natural disaster that destroys hundreds of used car dealer ships.
Out of the given statements option c : A new fee that used car dealers must pay to the government on all sales of used cars will increase the equilibrium price of a used car and decreases the equilibrium quantity.
When the sellers will have to pay some extra amount/fee on the sale of supply of the old/ used cars it will consequently result in the decrease of the supply of used cars. We can further conclude that the supply curve will shift towards left.
The price at which the supply and demand of the commodity are balanced is called equilibrium. The market is considered to be in an equilibrium when a major index goes through a period of consolidation or sideways movement, indicating that the forces of supply and demand are essentially equal. Prices, according to economists, frequently oscillate near their equilibrium levels. Economic factors like supply and demand are in balance in this scenario, hence the values of economic variables won't change in the absence of external impacts.
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How do you find total cost from marginal cost?
To calculate total cost from marginal cost, you need to start by adding the marginal cost of each item or service to the previous cost.
This will give you the total cost of the items or services that have been added together. The total cost of all items and services will be the sum of the marginal costs.
For example, if you have three items with marginal costs of $5, $10, and $15, then the total cost would be $30. Keep in mind that this method of calculation works best if the marginal costs are consistent over time.
By following these steps, you can easily calculate the total cost from the marginal cost.
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A graph of the rate of inflation in the United States over the twentieth century shows: a constant rate of inflation in the first half of the century followed by an upward trend in the second half an overall upward trend interrupted by a large downturn in the 1930s. O a relatively steady, positive level throughout the century except for deflation in the 1930s. some periods of deflation mixed with mostly positive rates of inflation before 1955 but only positive rates of inflation after 1955.
A graph of the rate of inflation in the United States over the twentieth century shows: An overall upward trend was broken by a severe downturn in the 1930s.
A graph of the rate of inflation in the United States over the twentieth century would show an overall upward trend interrupted by a large downturn in the 1930s, also known as the Great Depression. In the first half of the century, there was a relatively steady, positive level throughout the century except for deflation in the 1930s. However, the rate of inflation began to rise in the post-World War II period, reaching high levels in the 1970s before moderating in the 1980s and 1990s. The Great Recession of 2008 had an effect on the inflation rate as well.Inflation is a measure of the rate at which the general level of prices for goods and services rises, resulting in a decline in purchasing power.
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If an advertiser doesn't want to add remarketing tags to a website, why would Customer Match be a good fit for them? 9680179
If an advertiser doesn't want to add remarketing tags to a website, Customer Match would be a good fit for them from your ad accounts and campaigns.
Remarketing is defined as to engaging audiences who have already interacted with your brand, to encourage them to take a desired action that may interest them, such as conversion. Like, products to their shopping cart.
The match of customer feedback is the best fit by the using data from your advertisement accounts. It saves the amount of money in the new ads and marketing strategy due to the customer match it helps to find the problem.
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What does fixed rate mortgage means?
A home loan option with a fixed interest rate for the duration of the loan is known as a fixed-rate mortgage.
How long is a 30-year fixed mortgage? A home loan option with a fixed interest rate for the duration of the loan is known as a fixed-rate mortgage.In essence, the mortgage's interest rate will not vary throughout the loan's term, and the borrower will continue to make equal monthly payments for interest and principal.In the event that all payments are made on time, a 30-year fixed-rate mortgage will be fully repaid in 30 years.During the entire term of a fixed-rate loan, the interest rate is fixed.A fixed-rate loan's principal benefit is that, in the event that interest rates rise, the borrower is shielded against unexpected and potentially large increases in monthly mortgage payments. Mortgages with fixed rates are simple to comprehend and have few differences across lenders.To learn more about mortgage refer
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In recent years transparency has been the most important Multiple choice question. core competence. impactful outcome. security concern. business ethic.
In recent years transparency has been the most important business ethic. Implementing proper corporate rules with reference to apparently contentious matters is referred as business ethics.
Business ethics is the study of proper company conduct when it comes to potentially contentious issues including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, fiduciary duties, and much more. The law frequently directs business ethics, however there are occasions when business ethics offer a fundamental standard that enterprises may abide by to win the public's acceptance. Understanding the fundamental moral principles that guide desirable ethical behaviour is crucial, as is how a lack of these moral values contributes to the failure of many otherwise bright, talented individuals and the organisations they represent. Business ethics are crucial for success in contemporary business for a number of reasons. The most significant benefit of specified ethics programmes is the creation of a code of conduct that guides behaviour across all levels of employees, from CEOs through middle management to the newest and youngest.
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What pricing concept considers the price that other providers charge for the same product? a. Demand-based concept b. Total cost concept c. Cost-plus concept d. Competition-based concept
Competition-based pricing takes into account what other suppliers charge for the same goods.
These items are represented on different ledger sheets, and adjustments to their values over time are shown using debit and credit entries. These postings are recorded in a ledger or book of final postings and are frequently referred to as entries. Sales, receivables, mortgages, loans, PP&E, common stock, sales, services, wages, and payroll are examples of common financial accounts. A chart of accounts is a list of all the bank accounts that a certain company, team, or government body has. Accounting is the practice of gathering, analyzing, and reporting such data. Accountants work in the field of accounting.
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A 7% convertible debenture is selling at 101. It is convertible into the common stock of the same corporation at $25. The common stock is currently trading at $23. If the stock were trading at parity with the debenture, the price of the stock would be A) $43.91. B) $25.25. C) $40.00. D) $25.00.
If the stock were trading at parity with the debenture, the price of the stock would be $25.25.
What exactly does the conversion price include?The conversion price is the cost per share to convert a convertible asset into a common stock such as a stock, Debentures or preferred stock. Calculating the conversion rate of a convertible security determines the conversion price. The bond contract or securities prospectus determines the exchange ratio.
To get parity prices for commons:
$1,000 / $25
= 40 shares
To discover the number of shares the debenture is convertible into (conversion ratio).
Common stock's parity price:
1,010 / 40
= $25.25
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all competitive firms earn zero economic profit in both the short run and the long run.
a. true
b. false
False. On the long run, they experience no economic gain.
When a business generates no revenue, what does it mean?The situation where a firm's total income equals the total of its explicit and hidden costs is known as zero economic profit. In other words, it happens when a company's revenue is equal to zero after deducting all of its costs, both explicit and implicit. The usual profit, commonly referred to as zero economic profit, is frequently observed in markets with perfect competition. Since there are no barriers to entry or leave in such marketplaces, new businesses are enticed to enter the sector whenever existing businesses make a profit. As a result of this mechanism, the economic profit is pushed to zero. flawless rivalry
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Which of the following IS one of the factors that determine a company's credit rating? a. The percentage of the net income the company allocates in the prior two years to paying back loans outstanding b. The company's average return on shareholders' equity over the most recent three years c. The size of a company's annual interest payments on debt d. The company's dividend payout ratio o Its debt-to-equity ratic
Payment history, age of credit history, amount owed, amount owed and how it is used, industry risk, and company size are used to calculate business credit scores. So option E( debt-to-equity ratio) is correct.
How do credit scores work?A credit score is a numerical expression used to quantify a person's creditworthiness. It is based on a level examination of their credit files. The main component of a credit score is a credit report, which is normally obtained from credit agencies. Despite the fact that ranges differ based on the credit scoring model, generally speaking, credit scores between 580 and 669 are regarded as fair, 670 to 739 as good, 740 to 799 as very good, and 800 and up as exceptional.
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Do you think organizations differ from each other when placing importance on areas of the SWOT analysis
Every organization or company will have a different basic SWOT analysis. This is because each organization has different goals, challenges, visions and missions.
In economy and business, SWOT (strengths, weaknesses, opportunities, and threats) analysis generally can be described as a strategic management technique and also strategic planning used to help a company or organization identify Opportunities, Strengths, Weaknesses, and Threats related to project planning and also business competition. SWOT (strengths, weaknesses, opportunities, and threats) analysis sometimes called situational assessment or situational analysis. Each organization or company have their own SWOT analysis through their vision.
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The ________ section of a formal business report that makes precise suggestions for actions to solve the report problem.
The component of a formal business report that offers specific recommendations for how to handle the issue at hand.
A report that makes recommendations either suggests a solution to a problem or assesses potential options and suggests one. The report must specify the issue before making a suggestion or recommendation for a fix.
Consider the different issues you read about or experience every day.
An illustration of a health care/economic problem
For instance, Congress is attempting to determine how to stop the cost of Medicare/Medicaid from rising. The issue appears to be that if we don't change the system, Medicare (health insurance for seniors) could become bankrupt in ten years (though such predictions have existed ever since Medicare was created).
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Suppose a security with a risk-free cash flow of $150 in one year trades for $140 today. If there are no arbitrage opportunities, what is the current risk-free interest rate
With no arbitrage, the current risk-free interest rate is $ 7.14% and $ 1.0714% in one year.
The PV of the security's cash flow is ($150 in one year) ((1+r), where r is the one-year risk-free interest rate. If there are no arbitrage opportunities, this PV equals the security's price of $140 today. Therefore,
= $140 today = ($150 in one year) / (1+r) = ($150 in one year) / $140 today = (1+r) = $ 1.0714 in one year/ $ today, so = 7.14%
The risk-free rate of return, most commonly abbreviated as the "risk-free rate," is the rate of return on a fictitious investment with predetermined payments over a certain amount of time that is expected to fulfill all financial obligations. The risk-free rate may be acquired without taking any risks, hence any other investment that involves any risk needs to have a higher rate of return in order to entice investors to hold it. In reality, market participants frequently select the yield to maturity of a risk-free bond issued by a government of the same currency, whose default risks are so minimal as to be negligible, in order to deduce the risk-free interest rate in that currency.
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Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are ______.
Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are subsidy.
Financial incentives are monetary rewards that are given in exchange for behavior or actions that would not otherwise take place. Financial incentives promote conduct that might not occur without them.
The two different types of incentives are financial and non-financial ones. Financial incentives are rewards or payments given in exchange for achieving set objectives or targets. Non-financial incentives include things like honors, privileges, and recognition that are not monetary in nature. Financial motivations are a common reason why people change careers, therefore providing financial incentives might help employers retain their best employees.
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What its products contribute to the world The values its employees embody What the company stands for The company's core priorities
The company's primary objectives support the ideals that its people uphold and the contributions that its products make to the world.
Which of the following is a company's values statement expressing?The organization's purpose is expressed in its mission statement. The vision statement describes what the business aspires to do or be in the future. The organization's fundamental beliefs and ethics are reflected in the values statement. controlling the plan's execution.
Which of the following is a strategic management process's primary goal?The main goal of the strategic management process is to assist the company in achieving sustainable strategic market competition.
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The sales director at WebMD is calculating annual sales revenue targets and the number of new medical-related content providers that the firm needs to maintain a competitive advantage. In which step of the strategic management process is the sales director involved
Selecting particular tactics or courses of action. The sales director incorporates specific tactics into strategic objectives, such as sales revenue targets, such as preserving a competitive advantage.
The definition of revenue.The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue. Because it appears at the top of an income statement, revenue, which is also known as net receipts, is frequently alluded by the "top line." A company's overall earnings.
What does, for instance, revenue mean?Every penny of money the company has made is referred to as revenue. Typically, income and profit include additional aspects of a business. Incorporate costs like price of goods sold, operational costs, taxes, and interest expenditures, for instance, into net income.
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The management of Gilbert Inc., an automobile parts manufacturer, has created a separate department to deal with the company's increasing hiring needs. The department hires skilled employees and ensures that all organizational activities are in compliance with government regulations. In the given scenario, the new department created by Gilbert Inc. is concemed with O a. operations management e b. personnel management ec. scientific management e d. finance management
Personal management or self-management skills involve your ability to control your feelings, thoughts and actions.
What does personnel management mean?The activity of managing a company's employees, for example by managing employment records, organizing training, and helping with their problems: Large organizations with substantial personnel management resources tend to grade employees each year.Personnel managers also devise and enforce rules, policies, and procedures. For example, in workplace conflicts, including harassment, personnel managers address the issue. In addition, they create employee guidelines and align employer hiring practices with employment regulations and laws.Personnel management focuses on the maintenance of all personnel and administrative systems, whereas human resource management has a more strategic approach, forecasting the organisation's needs and continuously monitoring and adjusting all systems. Self-management skills are the abilities that allow people to control their thoughts, feelings and actions. If you have strong self-management skills, you're able to set goals independently and take the initiative to achieve them.
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Who answers the what in a market economy?
The producer controls what to make, how much to produce, how much to charge buyers for those things, and how much to pay employees in a market economy. In a free-market economy, the pressures of competition, supply, and demand have an impact on these decisions.
What do you know about Market Economy?
Market economies, in which individuals bartered goods and services without using money, gave rise to market economies. Market economies emerged as one of three modern economic systems when ideas of money, free commerce, and private property rights evolved. The command economy is another contemporary economic system in which, in stark contrast to the market economy, the government controls all economic choices. Additionally, market economies have other traits. Because it grants owners the right to sell their commodities, the idea of private property is essential to the market economy.
So, The producer controls what to make, how much to produce, how much to charge buyers for those things, and how much to pay employees in a market economy.
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What are the 7 types of advertising?
The 7 Forms of Marketing & How They Benefit Businesses Advertising on social media. advertising for paid search. Print marketing. Public service announcements.
What are the main types of advertising?Different types of advertising, advertising for paid searches. marketing on social media. marketing that is native. Publicity on display. advertisements in print. public service announcements. advertising on the street. Product listing advertisements, display ads, demand-side platform ads, affiliate ads, native ads, social media ads, video ads, and email ads are the eight primary categories of online advertising. Consumer demands and requirements, cost to meet, ease of purchase, and communication make up the new 4Cs, which will replace the traditional 4Ps of marketing (Lauterborn, 1990).
You can choose between three different types of digital advertising: Advertisements on social media, display ads, and paid search ads. Advertising strategies can be divided into two categories: institutional advertising and product advertising. To promote a company's brand, institutions advertise. Evangelism, Experience, Everywhere, and Exchange are the "4Es" of marketing.
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which factor is most likely to explain japan's success in reducing corruption in its business system
The correct answer is Since 1999, there has been a noticeable rise in foreign influence in Japan.
Managers place a higher priority on interpersonal interactions in relationship-oriented cultures. In order to conduct successful business interactions, these managers believe that it is crucial to develop mutual respect, trust, and understanding. You should be aware of three categories of corporate customs: cultural imperatives, cultural choices, and cultural exclusives. Cultural imperatives are norms that, in order to succeed, you must follow. Relationship building is an illustration of a cultural necessity. A sovereign state has the authority to decide on any issues that affect its territory.
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the complete question is : Which factor is most likely to explain Japan's success in reducing corruption in its business system?
A customer buys 100 shares of preferred at $51 per share. The par value is $50. The dividend rate is 8%. Each dividend payment would be:
$50 is the par value. The yield on dividends is 8%. According to each dividend payment: The annual rate is equal to 8% times the $50 par value, or $4 per share, multiplied by 100 shares to equal $400.
What is accurate regarding preferred stock?The most accurate response is c. Because preferred stock distributions are frequently constant over time, a preferred stock can be valued in perpetuity. The preferred stock of an organisation is that stock whose dividend payment is made before that of common stocks.
The par value formula is what?Retained earnings are subtracted from total equity to determine it. par is defined as par value times the number of shares issued. further capital contributions.
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In a system that uses multiple predetermined overhead rates, overhead is applied ______. Multiple choice question. in each department as jobs proceed through the department at the end of the total production process at the end of each period before production begins
A) Overhead is applied to each department as jobs move through it in a system with multiple predetermined overhead rates.
How can a predetermined overhead rate be used to assign overhead costs to jobs?Direct materials, direct labor, and applied overhead make up the total job cost.Estimated overhead divided by estimated activity is the predetermined overhead rate.Direct materials, direct labor, and applied overhead make up the total job cost.What exactly is an established overhead rate?The allocation rate that is used to apply the estimated cost of manufacturing overhead to cost objects for a particular reporting period is known as a predetermined overhead rate.
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If a rational consumer is in equilibrium, which of the following conditions will hold true?
Multiple Choice
a. The marginal utility of the last dollar spent on each good purchased will be the same.
b. The marginal utility of each good purchased will be zero.
c. The total utility obtained from each good purchased will be the same.
d. MUa = MUb = MUc = . . . = MUn.
a)The final dollar spent on each item will have the same marginal utility. It explains that a good or service's first unit of consumption has greater utility than subsequent units.
How Does Marginal Utility Work?The added satisfaction a consumer experiences from purchasing an additional unit of a product or service is known as marginal utility. Economists use the idea of marginal utility to figure out how much a product consumers are willing to buy.
When more things are used, the total utility goes up, and this is called positive marginal utility. Negative marginal utility, on the other hand, occurs when the overall utility is reduced by one additional unit.
The idea of marginal utility is used by economists to determine how consumer decisions are influenced by levels of satisfaction. The law of diminishing marginal utility is a concept that economists have also identified.
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If an economy is operating at a point inside the PPF, Group of answer choices society is paying too much for wages unlimited resources must satisfy scarce desires there is a scarcity of human resources relative to human wants therefore society must have some mechanism for making choices the production decisions are made by the government some of the nation's resources are unemployed
If an economy is operating at a point inside the PPF, it means that society is not utilizing all of its resources efficiently.
This means that some of the nation's resources are unemployed and not being used to produce goods and services.
Society is not getting the maximum output from its resources and therefore, some of the nation's resources are not being used to satisfy the scarce desires of society.
This is why society must have some mechanism for making choices and production decisions must be made by the government or the market to allocate resources in the most efficient way and reach a point on the PPF.
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What does it take to improve your consistency in your work ?
Answer:
if you have motivation your consistency and efficiency are very likely to improve
a job order cost system is most appropriate when a large volume of uniform products are produced.
It is best to use a process cost method when producing a lot of uniform items. By linking each overhead cost to a specific work, actual manufacturing overhead expenses are allocated to each job.
Instead of recording expenses for each individual item, process costing allows businesses to calculate item cost by keeping track of the costs associated with each step of the production process. They multiply the overall cost by the number of products after adding up the costs of each stage in the process. The cost per unit is what we refer to as. A paper manufacturer may, for instance, keep track of the costs associated with each step in the process of converting wood pulp into reams of paper, then divide the sum of those costs by the quantity of reams to determine the cost per ream.
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An increase in the rate of inflation would be most likely to result from a(n):
A) decrease in spending by the federal government. C) rise in interest rates.
B) rise in the unemployment rate. D) increase in the supply of money in circulation
A large decrease in the money supply would tend to:
A) reduce the supply of gold held by the federal government.
B) create shortages that would cause prices of goods and services to rise.
C) throw the economy into a recession.
D) reduce the size of the federal government's deficit.
The expansion of the available supply of currency is Option (D).
How does supply of money work?The total amount of money held by the general public at any particular time is referred to as the "money stock" or "money supply" in macroeconomics. Although there are many different ways to define "money," typical metrics frequently include money in circulation and demand deposits (depositors' easily available assets documented on financial institutions' books). A country's central bank is permitted to define what counts as legal tender on its own terms.
Data on the nation's money supply are normally gathered and released by a government agency or the central bank. Both public and private sector specialists monitor changes in the money supply because they think that fluctuations in the money supply have an effect on inflation, economic cycles, currency rates, and security prices.
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Next
Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist
The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.
What is convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.
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The formation of the European Monetary Union and its single currency Euro is expected to
O eliminate foreign currency risk between its member countries.
O create stock and bond prices denominated in Euros.
O have stock and bond indexes tracking a combined group of common stocks and bonds from the member countries.
O All of these.
Suppose there are two possible income distributions in a society of ten people. In the first distribution, nine people have incomes of $30,000 and one person has an income of $10,000. In the second distribution, all ten people have incomes of $25,000. If the society had the first income distribution, the utilitarian would argue that the marginal utility of income for the person with an income of $30,000 is than the marginal utility of income for someone with an income of $10,000, so income be redistributed. Rawls considers distribution to be more equitable. True or False: Nozick considers neither distribution to be more equitable. True False
The country's population's total coverage of stimulated gross domestic product is referred to as income distribution. It's a sign that poverty will go down in the home country.
It has been demonstrated that it contributes to the country's level of inequality.
a). The concept of diminishing marginal utility would serve as the foundation for the utilitarian case for income redistribution. It would be ideal if an additional dollar could serve the economically disadvantaged more marginally than the marginally wealthy. The marginal utility of the nine people with $30,000 is lower, while the marginal utility of the $10,000 person is higher. As a result, utilitarian's advocate for equitable income distribution, which means that nine people with $30,000 in income can directly mobilize a dollar. The one person with $10,000 does not mobilize a lot of people. In order to maximize the total utility of all ten people, the utilitarian process ought to continue.
b). A second, more equitable pattern of income distribution was what Rawls favored. The maximin principle is the foundation of this argument. One individual will receive $10,000 in the first distribution, while nine individuals will receive $30,000 in the second. In the second distribution, it would benefit more.
c). Instead of distributing incomes equally, Nozick selection is based on the principle of equal opportunities. He would choose either of the two distribution patterns that ought to be based on the principle of equal opportunities. Nozick has held the belief that the government's role has been limited in order to ensure that people of all abilities have equal access to opportunities in society. The pattern of income distribution is not a concern for the government. Therefore, based on the game rule, Nozick has chosen either distribution, which may be equitable.
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