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

Author Question: Government clean up toxic waste sites is _____. a. justified on public good grounds b. ... (Read 54 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jul 1, 2018
Government clean up toxic waste sites is _____.
 
  a. justified on public good grounds
  b. justified on externality grounds
  c. justified on equity grounds
   d. justified on technical monopoly grounds

Question 2

Explain why the supply-and-demand model should not be used to analyze the market for jeans.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

Products in the jeans market are not identical (at least not in the consumers' eyes). The fact that there is only one manufacturer per brand gives that particular firm (limited) power over the price of its product. Thus, two conditions for the use of the model are not fulfilled.


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 1, 2018
Wow, this really help

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

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?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Mutant sites in the PKU gene Mutant sites in the PKU gene
Illustration showing how the primary breast tumor metastasized through the lymphatic and blood vesse Illustration showing how the primary breast tumor metastasized through the lymphatic and blood vesse
Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken
Lead leaching from electronic waste (e-waste) Lead leaching from electronic waste (e-waste)
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
The ChIPSeq method screens for specific transcription factor binding sites across a whole genome The ChIPSeq method screens for specific transcription factor binding sites across a whole genome
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library