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

Author Question: When market failures occur A) the invisible hand will correct for the market failures. B) the ... (Read 119 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
When market failures occur
 
  A) the invisible hand will correct for the market failures.
  B) the price system will correct the market failures.
  C) people will reduce their consumption.
  D) the government can step in to correct the market failure.

Question 2

If equilibrium price falls and the equilibrium quantity of the good purchased decreases, what has happened to either the supply curve or to the demand curve?
 
  A) Supply increased.
  B) Demand decreased.
  C) Demand increased.
  D) Supply decreased.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Wow, this really help

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Hand sensory during examination Hand sensory during examination
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
A cartoon of “King Andrew the First” shows Jackson standing atop the U.S. Constitution—a scepter in A cartoon of “King Andrew the First” shows Jackson standing atop the U.S. Constitution—a scepter in
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Sitting up allows an infant to reach and grasp with one hand, but the process by which reaching ... Sitting up allows an infant to reach and grasp with one hand, but the process by which reaching ...
Seven-week embryo showing development of arm, forearm, and hand Seven-week embryo showing development of arm, forearm, and hand
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library