Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Influence of transferable property rights on individual decision making
1(a) Elucidate why will a person who has transferable (saleable) property rights in a business for which he is making decisions, be more influenced by the longer run effect of his decisions than if he did not have transferable property rights in the business?

(b) Elucidate the influence which transferable property rights versus non-transferable property rights, has on individual decision making.

2. "Long ago we stated the reason for labour organizations. We said which they were organized out of the necessities of the situation; which a single employee was helpless in dealing with an employer; which he was dependent ordinarily on his daily wage for the maintenance of himself also his family; which if the employer refused to pay him the wages which he thought fair, he was nevertheless unable to leave the employer also resist arbitrary also unfair treatment; which a union was essential to give labourers opportunity to deal on an equality with their employer." This statement was made by Chief Justice Charles Hughes, of the Supreme Court of the United States in the case of United States v. Jones also Laughlin, 1937. Compute Chief Justice Hughes' propositions for their meaning.

3. A large lake is stocked with excellent fish, but no one owns the fish or the lake. Only by catching the fish can you acquire ownership of the fish.

(a) Illustrate what do you think will be the average age of fish caught as compared to the age of fish in a privately owned lake?

(b) Which system will induce over fishing in the sense which more resources will be devoted to catching fish than the extra fish caught are worth? Elucidate why?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M916368

Have any Question? 


Related Questions in Business Economics

During a year of operation a firm collects 175000 in

During a year of operation, a firm collects $175,000 in revenue and spends $80,000 on raw materials, labor expense, utilities, and rent. The owners of the firm have provided $500,000 of their own money to the firm instea ...

According to the law of supply and demanda if the price of

According to the law of supply and demand A) If the price of product or service goes down demand for it would decrease B) low demand for a product or service should drive its price down C) if the price of a product or se ...

Discussion arrays and listssourceforge sourceforgenet

Discussion: Arrays and Lists SourceForge (sourceforge.net), JavaForge (javaforge.com), and Google Code (code.google.com). Pick any one of the 3 sites and Find a program that (A) uses at least one loop and a list effectiv ...

Quantitative problem jenna is a single taxpayer with no

Quantitative Problem: Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, she earned wages of $122,000. She doesn't itemize deductions, so she will take the standard de ...

Cost of leasing a cost of leasing table is reproduced below

Cost of Leasing A cost of leasing table is reproduced below. Required Using the appropriate table from the Chapter 12 Appendices, record the present-value factor at 6% for each year and compute the present-value cost of ...

Assume that for 1000 you can purchase a stock whose value

Assume that for $1000 you can purchase a stock whose value is equally likely to fall to $700 or rise to $1400.(The expected value of this investment is $1050) Suppose that in addition to investing $1000 of your own, you ...

Which of the following statements describes a change in the

Which of the following statements describes a change in the quantity supplied and which describes a change in supply?? I Farms are selling less chicken because the price of turkey has increased. II Farms are selling less ...

Select a news article dated within the previous two months

Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course. Please include link to th ...

Jc penney has faced an identity crisis in recent years

JC Penney has faced an identity crisis in recent years. Select the optimal generic strategy for JC Penney to pursue so the company achieves sustainable competitive advantage. Support your selection with researched source ...

Explain and illustrate using a diagram why a monopolist

Explain and illustrate using a diagram why a monopolist would never produce in the inelastic range of the demand curve. (3 marks for explanation, 3 marks for diagram) In each of the following cases, state whether the mon ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate