« previous next »

Author Question: One way of addressing the associated market failure that generates both private costs and external ... (Read 86 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 29, 2018
One way of addressing the associated market failure that generates both private costs and external costs is for this activity to be
 
  A) left alone.
  B) taxed.
  C) subsidized.
  D) banned.

Question 2

Refer to the above figure. The arrows show the direction of a shift in the demand curve of Good A. Which of the following would be the most likely reason for the shift in the demand curve if Good A is an inferior good?
 
  A) an increase in the price of Good A
  B) a decrease in the price of Good A
  C) a decrease in consumers' income
  D) an increase in consumers' income


todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

External female genitalia. External female genitalia.
External and internal male sex organs External and internal male sex organs
Internal and external attributions Internal and external attributions
Use an Automated External Defibrillator Use an Automated External Defibrillator
Tuition Costs Tuition Costs
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library