Market failures occur whenever
A) private returns may be greater than social returns.
B) social returns may be greater than private returns.
C) the free market produces less than what is socially optimal.
D) monopolies exist in a market.
E) All of the above.
Question 2
The sale of
A) a used textbook does enter GNP.
B) a used textbook does not enter GNP, but the sale of a used house does.
C) both a used textbook and a used house do not enter GNP.
D) a used house does not enter GNP, but the sale of a used book does.
E) the GNP does not include sale of used items priced below 1000.
Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Behavior modification has been useful in raising the amount of social responding by children with ...
Vienna: Social Structure and Social Interaction
Teen eating habits are often influenced by peers and social settings
Social Problems: A Critical Power-Conflict Perspective
The biological clock obviously constrains the social clock