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This is welfare loss as a result of the reduction in the consumer and producer surpluses resulting from levying of a tax on commodities.
Faimus answered the question on October 18, 2018 at 03:32
- Differentiate between the consumer surplus and producer surplus.(Solved)
Differentiate between the consumer surplus and producer surplus.
Date posted: October 18, 2018. Answers (1)
- Highlight the criteria used in measuring social welfare(Solved)
Highlight the criteria used in measuring social welfare
Date posted: October 18, 2018. Answers (1)
- What is the meaning of welfare economics?(Solved)
What is the meaning of welfare economics?
Date posted: October 18, 2018. Answers (1)
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Personal income involves three main government contributions. Highlight them.
Date posted: October 18, 2018. Answers (1)
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There are four basic ways of measuring the size of the public sector. Name them.
Date posted: October 18, 2018. Answers (1)
- What does the term size of the public sector mean?(Solved)
What does the term size of the public sector mean?
Date posted: October 18, 2018. Answers (1)
- What is public sector economics?(Solved)
What is public sector economics?
Date posted: October 18, 2018. Answers (1)
- Define the term public sector.(Solved)
Define the term public sector.
Date posted: October 18, 2018. Answers (1)
- Explain the cyclical nature of agricultural production (Solved)
Explain the cyclical nature of agricultural production
Date posted: September 30, 2018. Answers (1)
- With the help of illustrations, identify five causes of stress and explain how stress can affect an individual.
B. Explain five skills that would help...(Solved)
With the help of illustrations, identify five causes of stress and explain how stress can affect an individual.
B. Explain five skills that would help a university student cope with stress.
A. Mention and analyze any three living (life) values that enhance individual comfort.
B. Critically examine the seven traits of the mind and show their relevance in enhancing self-management skills.
Date posted: September 26, 2018. Answers (1)
- With the help of illustrations, identify five causes of stress and explain how stress can affect an individual.
B. Explain five skills that would help...(Solved)
With the help of illustrations, identify five causes of stress and explain how stress can affect an individual.
B. Explain five skills that would help a university student cope with stress.
A. Mention and analyze any three living (life) values that enhance individual comfort.
B. Critically examine the seven traits of the mind and show their relevance in enhancing self-management skills.
Date posted: September 26, 2018. Answers (1)
- Explain what is meant by effective communication.
B. Discuss two major forms of communication.
C. Explain the factors that enhance effective communication.
(Solved)
Explain what is meant by effective communication.
B. Discuss two major forms of communication.
C. Explain the factors that enhance effective communication.
Date posted: September 26, 2018. Answers (1)
- Identify three purposes of life skills to the individual(Solved)
Identify three purposes of life skills to the individual
Date posted: September 26, 2018. Answers (1)
- Give brief definitions of the following terms: (i) Life skills (ii) Resilience (iii) Disaster management (iv) Contemporary issues(v) Radicalization(Solved)
Give brief definitions of the following terms:
(i) Life skills
(ii) Resilience
(iii) Disaster management
(iv) Contemporary issues
(v) Radicalization
Date posted: September 26, 2018. Answers (1)
- During price discrimination monopolist gain as consumers losses. Elaborate(Solved)
During price discrimination monopolist gain as consumers losses. Elaborate
Date posted: September 8, 2018. Answers (1)
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What are the causes of shift in IS and LM curves?
Date posted: September 6, 2018. Answers (1)
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Outline the Rationale of Economics of Education
Date posted: August 27, 2018. Answers (1)
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Process of credit creation and its limitations
Date posted: August 13, 2018. Answers (1)
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Explain the international economic problems related to international trade operations.
Date posted: August 10, 2018. Answers (1)
- Describe six importance of foreign trade in economic development of a nation(Solved)
Describe six importance of foreign trade in economic development of a nation.
Date posted: August 10, 2018. Answers (1)