When there are too few or too many resources going to an economic ...

[joblessjake]

When there are too few or too many resources going to an economic activity
 
  A) a public good exists.
  B) a market failure exists.
  C) consumer sovereignty exists.
  D) a free-rider problem exists.

Question 2

Which of the following is NOT one of the basic questions that an economic system attempts to answer?
 
  A) How to eliminate choices?
  B) What to produce?
  C) How will goods and services be produced?
  D) For whom will goods and services be produced?

[juiceman1987]

Answer to Question 1

B

Answer to Question 2

A

[joblessjake]

Thanks for the timely response, appreciate it

[Liddy]

Great answer, keep it coming