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Author Question: Which of the following help to correct for the market failure of imperfect information? (Read 85 times)

futuristic

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on: Apr 19, 2019

Question 1

One reason to require licensing of attorneys is that


◦ legal services generate positive externalities.
◦ legal services are used primarily by the wealthy.
◦ legal services are a private good.
◦ consumers of legal services lack perfect information.

Question 2

Which of the following help to correct for the market failure of imperfect information?


◦ professional licensing
◦ homeowner warranties
◦ nutrition labeling
◦ All of these are correct.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by futuristic on Apr 19, 2019

Jbrasil

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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futuristic

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Reply #2 on: Apr 19, 2019
TY


Jbrasil

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Reply #3 on: Apr 19, 2019
You're welcome


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