1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Furkat [3]
3 years ago
8

Welfare economics is the study of Select one: a. taxes and subsidies. b. how technology is best put to use in the production of

goods and services. c. government welfare programs for needy people. d. how the allocation of resources affects economic well-being.
Business
1 answer:
icang [17]3 years ago
7 0

Answer:

Correct option is (d)

Explanation:

Welfare economics deals with the study of distribution of resources affect the overall welfare of the society and economy as a whole.

It is a part of economics that studies the role of government in aligning policies for the welfare of the society and ensuring that every section of the society is equally developed.

The concept was developed as inequality in distribution of wealth and resources was observed across different sections of the economy. Poor was becoming poorer and rich, becoming richer. This hampered overall growth of the economy, thereby giving birth to welfare economics.

You might be interested in
What is the relationship between saving and investing??
mart [117]
<span>When you invest you have a greater chance of losing your money than when you save.</span>
5 0
3 years ago
Which two forms of financial aid require the student to bear the costs of college education?
Flauer [41]
The answer is A. direct loans, and C. work-study programs.
3 0
3 years ago
The _______ describes the personal requirements you expect from an employee and can include educational requirements and special
Tanzania [10]
Job Specification.
Definition of Job Specification: a written statement of educational qualifications, specific qualities, level of experience, physical, emotional, technical and communication skills required to perform a job, responsibilities involved in a job and other unusual sensory demands.
6 0
3 years ago
How do i make someones answer the brainliest
Aleksandr [31]
I don’t get what your saying

But could u give more explanation
4 0
3 years ago
Read 2 more answers
An increase in the supply of grain will reduce the total revenue grain producers receive if.
Bogdan [553]

If the<u> demand curve is inelastic</u>, a rise in the supply of grain will result in a decrease in the overall income received by grain producers.

The ability of firms to enter and exit a market over time means that, in the long run, the supply curve is more elastic.

Two basic economic concepts are combined in the law of supply and demand to explain how shifts in the price of a resource, good, or service affect its supply and demand. As the price rises, supply increases while demand decreases. On the other hand, as the price falls, demand increases and supply becomes more limited.

The degree to which changes in price translate into changes in demand and supply is known as the product's price elasticity.

Basic consumer demand is comparatively inelastic, or less responsive to price changes.

Discover the long-term impact of population growth on supply and demand: brainly.com/question/13353440


#SPJ4

7 0
1 year ago
Other questions:
  • Cullumber Company had these transactions during the current period:
    8·1 answer
  • When looking to finance higher education, what is the best order to look for funding sources
    12·1 answer
  • Enlightened carmakers have hired women designers, engineers, and marketing executives to better understand the way women decide
    6·1 answer
  • If the firm sells its product at the market price of $10 per unit, how many workers should the firm employ to maximize profit if
    5·1 answer
  • Which best deceived the nature of cause and effect in the context of the business cycle?
    9·1 answer
  • 8. Problems and Applications Q8 Social Security benefits are increased each year in proportion to the increase in the CPI, even
    8·1 answer
  • This past year inflation in Snowdonia has increased to 150%. As an economic analyst, you are charged with identifying those sect
    10·1 answer
  • on january 1, you sold short one round lot (that is, 100 shares) of snow’s stock at $21 per share. on march 1, a dividend of $3
    10·1 answer
  • Beneficiary election for a taxable account is ___________________ at account opening and it is formally called _________________
    12·1 answer
  • Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!