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F. Naz
F. Naz, B.Com
Category: Multiple Problems
Satisfied Customers: 5316
Experience:  have completed B.Com and CA Finalist
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In an economy with limited or no government intervention,

Customer Question

In an economy with limited or no government intervention, resources tend to be optimally distributed. With example, explain how this happens. Good example should be at least 5 sentences.
Submitted: 1 year ago.
Category: Multiple Problems
Expert:  F. Naz replied 1 year ago.

What is your deadline, thanks.

Customer: replied 1 year ago.
10 minutes
Customer: replied 1 year ago.
7 minutes now
Expert:  F. Naz replied 1 year ago.

The example can be given of utilities services. If there is no intervention of the government or limited intervention, the supplier of utility will be more efficient in providing services. It will also help in reducing the price for utilities as there would be free competition. Moreover, when there would be little intervention, the foreign investors would also like to invest in utility sector. It will help in reducing the rate of unemployment thus utilizing the labor resources of the country. It will also help in increasing the efficiency of the labor and will also increase the purchasing power of common man, which will provide a path for investment in other sectors as well.

Customer: replied 1 year ago.
Exam finished 2 minutes ago
Customer: replied 1 year ago.
It's timed and I ran out of time -
Expert:  F. Naz replied 1 year ago.

You can see that you had asked at 1.30 am I replied at 1.40 with in 10 minutes take care.

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