This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Markets can fail to achieve efficiency when a. there are prices consumers do not think are fair. ... (Read 49 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Markets can fail to achieve efficiency when
 a. there are prices consumers do not think are fair.
  b. there are wages workers do not think are fair.
  c. trade puts people out of work.
  d. there are buyers or sellers without adequate information about the quality of goods.

Question 2

Markets can fail to achieve efficiency when
 a. there are prices consumers do not think are fair.
  b. there are wages workers do not think are fair.
  c. trade puts people out of work.
  d. there are markets with imperfect competition.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

d


tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Wow, this really help

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
Efficiency vs. Equity Efficiency vs. Equity
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Ecosystem Energy Flow and Efficiency Ecosystem Energy Flow and Efficiency
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library