This topic contains a solution. Click here to go to the answer

Author Question: The government of Denin owns most of the profitable industries in the country that provide jobs, ... (Read 79 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
The government of Denin owns most of the profitable industries in the country that provide jobs, goods, and services to its citizens.
 
  The government determines the production rate and prices of products in the market to prevent market failures. The government also restricts imports to help domestic industries. Hence, Denin represents a ________.
  A. liberalist state
  B. laissez faire economy
  C. free market economy
  D. capitalist state
  E. command economy

Question 2

Which of the following market failures is a consequence of increasing returns to scale by a particular company?
 
  A. externality
  B. failure to provide public goods
  C. information asymmetry
  D. sustainability issues
  E. monopoly



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

E

Answer to Question 2

E




evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jul 8, 2018
YES! Correct, THANKS for helping me on my review


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Excellent

 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library