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

Author Question: In a competitive market for a private good with no price or quantity regulations, no external cost ... (Read 67 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: May 24, 2019
In a competitive market for a private good with no price or quantity regulations, no external cost nor external benefit, low transactions costs, and no taxes or subsidies,
◦ the allocation of resources is planned by the government.
◦ production is organized by government organizations.
◦ efficiency can be attained in the market with no government intervention.
◦ efficiency is usually be achieved by majority rule.
◦ efficiency is generally obtained by using a command system.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jjjetplane on May 24, 2019

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: May 24, 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.
Answer Preview
Only 56% of students answer this correctly


jjjetplane

  • Member
  • Posts: 556
Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Internal and external hemmorrhoids. Internal and external hemmorrhoids.
External nose, mouth, and neck. External nose, mouth, and neck.
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Work is done by an external agent Work is done by an external agent
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
External auditory meatus External auditory meatus
Video: Role of complement proteins

For a complete list of videos, visit our video library