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Author Question: Market failures occur when A) externalities exist. B) economic efficiency increases. C) there ... (Read 60 times)

littleanan

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on: Jun 29, 2018
Market failures occur when
 
  A) externalities exist.
  B) economic efficiency increases.
  C) there is an increase in demand.
  D) there is a change in quantity demanded.

Question 2

A change in an equilibrium price can result from I. A change in demand II. A change in supply
 
  A) I only
  B) II only
  C) Both I and II
  D) Neither I nor II


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adammoses97

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


littleanan

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dantucker

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Reply 3 on: Yesterday
Excellent

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