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

Author Question: When there is a binding price ceiling A) there is no equilibrium. B) the quantity demanded does ... (Read 23 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
When there is a binding price ceiling
 
  A) there is no equilibrium.
  B) the quantity demanded does not equal the quantity supplied.
  C) all potential customers are happy because they can buy the good at a lower price.
  D) producers move production to another country.

Question 2

Positive externalities ______.
 
  a. are not important economically
  b. should be reduced through subsidiziation
  c. are undersupplied by unfettered markets
   d. can be ignored


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

c


humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Structural changes in a multisubunit protein undergoing cooperative binding to ligand Structural changes in a multisubunit protein undergoing cooperative binding to ligand
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Cooperative vs. noncooperative O2-binding curves Cooperative vs. noncooperative O2-binding curves
Antigen binding by an Fab fragment Antigen binding by an Fab fragment
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
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: Calvin Cycle Explained!

For a complete list of videos, visit our video library