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Subject / Started by	Replies / Views	Last post
The difficulty of getting people to pay for public goods other than by taxation is called Started by Charlie	1 Replies 61 Views	May 25, 2020 by onowka
When resources are misallocated, or allocated inefficiently, Started by piesebel	1 Replies 51 Views	May 25, 2020 by mfedorka
Your next-door neighbour has a beautiful rose garden. However, you are allergic to roses and cannot ... Started by kodithompson	1 Replies 59 Views	May 25, 2020 by Silverbeard98
Which of the following is NOT an example of a public good (or service)? Started by K@	1 Replies 29 Views	May 25, 2020 by smrtceo
Which of the following is NOT a possible source of market failure as economists use the term? Started by dejastew	1 Replies 61 Views	May 25, 2020 by pami445
If the production of a product entails a positive externality, and the firm is NOT forced to ... Started by hubes95	1 Replies 24 Views	May 25, 2020 by Anton
Which of the following would be an example of an external benefit? Started by cherise1989	1 Replies 33 Views	May 25, 2020 by 6ana001
Which of the following would be classified as an external cost? Started by WhattoUnderstand	1 Replies 69 Views	May 25, 2020 by yeungji
When you consume good Q not only do you benefit from consuming the good, but the other people ... Started by dbose	1 Replies 42 Views	May 25, 2020 by rosiehomeworddo
Assume that price underestimates the value that society places on flu vaccine. If firms produce ... Started by Sufayan.ah	1 Replies 36 Views	May 25, 2020 by Koolkid240
Under perfect competition and in the absence of externalities which of the following is FALSE? Started by ARLKQ	1 Replies 27 Views	May 25, 2020 by joewallace
In the absence of externalities, marginal cost is a good measure of Started by dbose	1 Replies 24 Views	May 25, 2020 by 234sdffa
An economist has estimated that the maintenance of a public park costs 25 000 a year and that the ... Started by NguyenJ	1 Replies 54 Views	May 25, 2020 by vickyvicksss
What problem is there in using wage rates to assess living standards? Started by 809779	1 Replies 22 Views	May 25, 2020 by dajones82
How may the existence of a minimum wage raise unemployment and thus increase income disparities. Started by asd123	1 Replies 47 Views	May 25, 2020 by guyanai
What is meant by the 'flexible firm'? Started by CBme	1 Replies 33 Views	May 25, 2020 by snackralk
If you were an employer negotiating a pay deal with a trade union, what market forces would you ... Started by waynest	1 Replies 26 Views	May 25, 2020 by TDubDCFL
A trade union's size and strength can influence its ability to succeed in the wage bargaining ... Started by mcmcdaniel	1 Replies 29 Views	May 25, 2020 by Harbringer
Define the terms monopsony and oligopsony. Started by Sportsfan2111	1 Replies 30 Views	May 25, 2020 by amanda_14
If labour markets were perfect, would all wage-rates be equal? Started by Bernana	1 Replies 71 Views	May 25, 2020 by JCABRERA33
In the absence of the need to pay efficiency wages, a profit-maximising monopsonist will pay labour ... Started by pragya sharda	1 Replies 41 Views	May 25, 2020 by honnalora
Efficiency wage rates take into account how wages affect motivation, turnover and recruitment. Started by APUS57	1 Replies 45 Views	May 25, 2020 by lin77x
It an employer has a labour force that has 'functional flexibility' then its employees are capable ... Started by kodithompson	1 Replies 29 Views	May 25, 2020 by Animal_Goddess
Under monopsony the imposition of a minimum wage could not result in a rise in employment. Started by burton19126	1 Replies 39 Views	May 25, 2020 by yuyiding
Consider a union negotiating with a firm. If figures are published showing that the firm's profits ... Started by mp14	1 Replies 55 Views	May 25, 2020 by owenfalvey

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