« previous next »

Author Question: Government intervention in a perfectly competitive market A) reduces economic well-being. B) is ... (Read 25 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jul 1, 2018
Government intervention in a perfectly competitive market
 
  A) reduces economic well-being.
  B) is an illustration of the invisible hand theorem.
  C) increases economic well-being.
  D) guarantees maximized well-being.

Question 2

If the demand curve is horizontal a rightward shift of the supply curve will lead to
 
  A) an increase in quantity supplied.
  B) an increase in price.
  C) a decrease in quantity demanded.
  D) a decrease in price.


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
Indicators of Economic Development Indicators of Economic Development
Global Economic Relationships Global Economic Relationships
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
Forest products and the economic value Forest products and the economic value
economic question economic question
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library