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Alborosie
3 years ago
15

Public choice theory suggests that politicians will be most likely to favor redistribution of income from the rich to the poor.

unorganized taxpayers to well-organized interest groups. well-organized business groups to consumers. none of the above.
Business
2 answers:
Gwar [14]3 years ago
7 0

Answer:

well-organized business groups to consumers.

Explanation:

The Public Choice theory  was developed in the 1960s in the Chicago School of Economists and it basically critiqued the public bureaucratic model. Public administration is inefficient and ever growing, and it leaves citizens with no other choice than to accept the services that they offer (monopoly of the state).

It calls for larger participation of private firms and organizations in providing public choices (alternative services). Since bureaucracy is not subject to market forces, it becomes inefficient and unresponsive, even though the motivation of public servants should be to maximize society's well-being.

One of its main proposals was to advocate for private players to supply public goods in order to break state monopolies.  

Murrr4er [49]3 years ago
4 0

Answer:

The correct answer is unorganized taxpayers to well-organized interest groups.

Explanation:

Public choice theory seeks to study the problems of political science applied to economics. A positive public election means that the decisions of politicians face the needs of civil society. In the case of the example, it is easy to determine towards whom the work of people in political positions should be oriented, and it is by definition to unorganized communities with some type of unsatisfied basic need.

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In reviewing the Indian software industry and the diamond of national advantage, which of the following is a relatively weak set
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U.S. demand conditions.

Answer: Option B.

<u>Explanation:</u>

Since the question is about the domestic demand and the demand of the citizens who are living in the country, the demand of the people who are living in the United States of America should not affect the domestic demand of Indian citizens.

The demand of every good and service is affected by some factors which increase or decrease the demand of these goods and the services. But the demand of the international consumers or customers will not affect the demand of the national goods and services.

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3 years ago
Which of the following is a non-price determinant of demand?
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Option C wearing straw hats become popular
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A pharmaceutical giant acquires a manufacturer of rare specialty drugs to improve its falling share prices and invests all its w
Romashka-Z-Leto [24]

Answer:

It is a winning strategy.

Explanation:

As a result of joint venture, after all the ups and downs, the company is in a strong financial position, as company is producing good profits. Also the company has great market position.

Once a great market position, the influence is spread in the market.

Further, in the given instance the company has failed to acquire the manufacturing company individually, but with joint venture, the company has now established connections not only in pharma sector but also in automobiles.

These things affect the company's position and then influence the market, attracting more customers for the product, and more investors for investment.

Therefore, it is a winning strategy.

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3 years ago
When earning compound interest on money you invest, which statement is true?
Arte-miy333 [17]

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A As time goes on and your bank account grows, you earn more interest.

Explanation:

A compound interest-earning account adds the interest it has earned in a particular period to the principal amount. This results in the principal amount increasing by the amount of interest earned in the period. Therefore, for compound interest, the principal amount is bigger at the beginning of every year.

In practice, interest is calculated based on the principal amount. If the principal amount is higher every period, the interest earned will also go up every year.

6 0
3 years ago
Thornton Camps, Inc. leases the land on which it builds camp sites. Thornton is considering opening a new site on land that requ
Alona [7]

Answer:

$20.

Explanation:

So, we have the following important data or parameters the are going to help us or assist us in solving this particular Question or problem.

(1). Total number of customers served campers = 6600.

(2). Rental payment per month = $3,300.

(3). Total number of months = 12 months( that is January to December).

(4). "The variable cost of providing service is expected to be $5 per camper"

So, let us delve right into the solution of the question.

Step one: determine the fixed cost per unit. The fixed cost per unit can be determined by following the formula below;

Fixed cost per unit = (rental payment pee month × number of months) ÷ total number of campers.

Thus, the fixed cost per unit = $3,300 × 12) ÷ 6,600.

The fixed cost per unit = 6.

STEP TWO: The next thing to do now is to determine the price it should charge for a camp site in February and August.

Kindly note that this the price that it should charge for a camp site in February and August are going to be the same.

Therefore, the price it should charge for a camp site in February and August = $6 + $5 + $9 = $20.

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3 years ago
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