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scienceeasy

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Market failures are less likely to occur whenever
 
  A) private returns are greater than social returns.
  B) social returns are greater than private returns.
  C) the free market produces less than what is socially optimal.
  D) new firms can easily attract start-up capital.

Question 2

Which of the following has NOT been promoted by high-growth Asian economies?
 
  A) Large job creation in the government sector
  B) Land reform
  C) Free basic health care
  D) Significant investments in rural infrastructure



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angrybirds13579

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Answer to Question 1

D

Answer to Question 2

A





 

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