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Author Question: Which of the following could be evidence of a market failure? A) There are only a handful of ... (Read 33 times)

SGallaher96

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on: Jun 29, 2018
Which of the following could be evidence of a market failure?
 
  A) There are only a handful of firms competing against each other in an industry.
  B) The market price of a product is above the average cost of production.
  C) Resources in an economy are not fully utilized.
  D) Market prices do not reflect true production costs.

Question 2

What do most empirical studies of labor supply in the United States conclude concerning the elasticity of labor supply and what implication does this have with respect to who bears the burden of the payroll tax?
 
  What will be an ideal response?
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TheDev123

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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SGallaher96

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
Wow, this really help

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