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Author Question: Economic bads are items A) for which the produced quantity is less than the amount desired at a ... (Read 90 times)

sc00by25

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on: Jun 29, 2018
Economic bads are items
 
  A) for which the produced quantity is less than the amount desired at a positive price.
  B) for which the desired quantity is less than what nature provides at a zero price.
  C) that individuals desire but which receive social disapproval.
  D) that receive social approval but which governments dislike.

Question 2

Consumers are sovereign when
 
  A) prices are decided by sellers.
  B) a few consumers exercise coercion on sellers and other consumers.
  C) they can prevent market failure.
  D) they have the freedom to decide what they wish to purchase.


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hramirez205

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

B

Answer to Question 2

D


sc00by25

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Reply 2 on: Jun 29, 2018
:D TYSM

tuate

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Reply 3 on: Yesterday
Excellent

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