Author Question: Which of the following is a characteristic of command economies? A) Rewards to economic agents ... (Read 121 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Which of the following is a characteristic of command economies?
 
  A) Rewards to economic agents are based on market prices.
  B) Coordination of economic agents is automatic.
  C) It is difficult to incentivize economic agents.
  D) The invisible hand functions without any restraint.

Question 2

Bongo plays drums in his parents' garage after school. What can we be sure of?
 
  A) Bongo's drumming imposes negative externalities on others.
  B) Bongo's drumming delivers positive externalities to others.
  C) Bongo expects to benefit while drumming.
  D) All of the above.



ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library