Author Question: Wants as an economic concept includes A) both material and nonmaterial desires. B) only the ... (Read 46 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
Wants as an economic concept includes
 
  A) both material and nonmaterial desires.
  B) only the purchase of necessary basic goods.
  C) only the desire for luxury goods.
  D) only those goods that can be purchased with one's paycheck.

Question 2

Market failures include all of the following EXCEPT
 
  A) equalization of quantity supplied and quantity demanded.
  B) public goods.
  C) positive externalities.
  D) negative externalities.



poopface

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library