Provide an example of a government policy or program that you consider paternalistic. Explain how/why it is an example of paternalism. Are there any other reasons you can think of for the policy or program to exist (other than paternalism)?

Q: Compare and contrast Jevon’s and Gossen’s view of the equimarginal rule for maximizing consumer…

A: the difference in between the matters Menger theory versus the Jevons that is subjective in the…

Q: 1. You are the coordinator of a nonprofit that distributes donated items to three local homeless…

A: Since there are multiple questions, only the first question will be answered here. If you want…

Q: Explain the idea of asymmetric paternalism, and give an example of an  asymmetrically paternalistic…

A: Health behavior implies the actions and choices individuals make that impact their health and…

Q: xplain and justify how the budget use to paid the health workers in the mids of pandemic without any…

A: To establish a thorough response to the COVID-19 epidemic, adequate public funding is required.…

Q: We have covered market imperfections and their effects during the course. Discuss at least two of…

A: A defective market alludes to any financial market that doesn't satisfy the thorough guidelines of a…

Q: On July 1, 1965, the federal ad valorem taxes on many goods and services were eliminated. Comparing…

A: Case1 :-  When the demand curve is perfectly inelastic, the whole burden will be born by the…

Q: discuss two methods that the government may use to intervene in the market to eliminate the market…

A: The market that does not tend to succeed in incorporating all information that is available into a…

Q: 25. In order to help pay for the costs of extending health insurance to previously uninsured people,…

A: Patient Protection and Affordable Care Act (PPACA) requires that most Americans have medical…

Q: Most of the government's mandatory spending is used on which of the following?

A: Most of the government's mandatory spending is used on social security schemes. Social Security…

Q: Julie complains about the extremenoise in the factory. This is one of hygiene factors according to…

A: When an individual is working as an employee in an organization, he has the right to have equal,…

Q: What is the criticism of the Community Indifference Curve? 3 points

A: Answer: The application of community indifference curves to international trade theory has been…

Q: Does a single individual making $500,000 pay the samemarginal tax rate as another making $1 million?…

A: In a society, the degree of tax burden faced by an individual depends upon the taxation structure…

Q: When Aaron makes a decision, he tries to minimize its bad effects and maximize its good effects for…

A: When Aaron makes a decision, he tries to minimize its bad effects and maximize its good effect for…

Q: Asses how social welfare and economis policies impact the delivery of and access to social services.

A: A social service, also known as a welfare service or social work, is any of a variety of publicly or…

Q: Suppose that the graph below illustrates the demand for healthcare services given a coinsurance plan…

A: The graph shows the demand curve for healthcare services with a coinsurance plan of 25%. The demand…

Q: Please explain in detail Utility Theory and its role in consumer choice and public decision making

A: Utility:The utility is want satisfying power of a commodity. It can be expressed in cardinal and…

Q: The ‘Rawlsianism’ approach to social welfare improvement is based on a ‘Pareto improvement’…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: What is the main purpose of a social welfare function? O To help us match buyers and sellers in…

A: A social welfare function is a mathematical depiction of a society's total well-being that accounts…

Q: a) The Fundamental Theorems of Welfare Economics p) The Excess burden doctrine based on the…

A: The study of the allocation of resources and the way in which goods tend to have an effect on social…

Q: What is "Pareto Efficiency"? This is a key concept in welfare economics. Write at least a paragraph…

A: Welfare economic science may be a discipline of economic science that employs economics approaches…

Q: What are normal goods? State any two examples? State any two features of the consumer protection act…

A: In simple words we can say that normal goods are those goods the demand for which generally…

Q: To what extent can the government improve economic situation by changing the interest rate?

A: To improve the economic situation government, take appropriate action includes the Fiscal policy and…

Q: Suppose now that there is a scrappage scheme which fully reimburses the citizen if she buys the new…

A: Now In this scenario, a scrappage scheme is introduced, fully reimbursing the citizen if she buys…

Q: The amount that a beggar outside the Toronto Stack Exchange Building can collect in Average revenues…

A: Consumer surplus is the difference between a consumer’s maximum willingness to pay for a product and…

Q: Who developed the theory of moral development, which includes stages such as preconventional,…

A: Approach to solving the question: I analyzed the question before answering it. Key…

Q: You are the economic advisor of the ruler of Pongo.  Suppose the people in the country of Pongo…

A: Answer -

Q: What is the list of all Henry Hazlitt's cost-benefit analysis lessons learned as it relates to…

A: According to Henry Hazlitt's lesson of cost-benefit analysis: Actions that are advantageous in the…

Q: What is the relationship between government and coercion?     Only governments use coercion.…

A: Coercion: Coercion refers to the use of force, threats, or other forms of pressure to make someone…

Q: One of the results of the increase in the older population of the United States is Multiple Choice O…

A: The appropriate answer among the options provided for increasing the older population in the United…

Q: Contrast the two types of com petitionthat marketers face

A: Markets refer to a place where the buyers, and sellers interact. The interaction is done between the…

Q: utility function

A: The interest price represents the winning fee at which the society discounts future software or…

Q: Why are citizens punished with sin taxes

A: As a product goes into production, cost is initiated and process of business functions. Business can…

Q: It is fair to discriminate in the amount of benefits for life and health policies: between…

A: When talking about discrimination, it refers to the situation when an individual is unfairly treated…

Q: In order to curb the use of illegal drugs such as cocaine or the use of harmful legal substances…

A: Governments have various policies at their disposal to curb negative externalities. The choice of…

Q: Ann works for an organization that contracts with the state for services provided in an inpatient…

A: Social welfare policy refers to the laws, regulations, and guidelines that govern the provision of…

Q: Explain the concept of the utility possibility frontier. What is the role of the utility…

A: The happiness or advantage that a person receives from consuming an item or service is referred to…

Q: Draw 1. Draw a diagram of the savings and investment model that focuses on how the government's…

A: Investment creates capital accumulation and saving generates investment. Investment is a business…

Q: Which group of Americans receive the most support from SNAP (aka Food Stamps)? Group of answer…

A: "Food Stamp" is the past name of the Supplemental Nutrition Assistance Program (SNAP), which is a…

Q: How does the optimal size of the subsidy for education vary with the size of the (positive)…

A: An externality refers to the impact of one person's actions on the well-being of a bystander. The…

Q: Many cities have taxes on products that are considered "bad," like cigarettes and alcohol.  These…

A: The government has long taxed tobacco and alcoholic beverages. Sugar-sweetened beverage levies have…

Q: Suppose that there is a scrappage scheme which only provides a partial subsidy: if the citizen buys…

A: A subsidy is a financial aid, typically provided by a government or an organization, to support and…

Q: Multiple choice 14. Mark is a Canadian lumberjack whose income increases from $1,200 per week to…

A: 14) "Income elasticity of demand indicate how much the units demanded of a good change when income…

Q: Compare and contrast Pigouvian welfare economics and Paretian Welfare economics.

A: The allocation of goods and resources to promote social welfare is known as welfare economics. It is…

Q: Using the discussion of pay-as-you-go social security programs. explain how to derive the result…

A: The social security program was established to give security to senior individuals, disabled…

Q: What would happen if, in order to provide lower-cost health care, the government decided to set a…

A: Price ceiling is the maximum price set by government above which no seller charge for its product.…

Q: 41. Which neurotic need involves a desire for personal admiration? a) Need for affection b) Need for…

A: The "need for recognition" is about wanting others to notice and admire you. It's when someone feels…