« previous next »

Author Question: One way of addressing the associated market failure that generates both private costs and external ... (Read 111 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 29, 2018
One way of addressing the associated market failure that generates both private costs and external costs is for this activity to be
 
  A) left alone.
  B) taxed.
  C) subsidized.
  D) banned.

Question 2

Refer to the above figure. The arrows show the direction of a shift in the demand curve of Good A. Which of the following would be the most likely reason for the shift in the demand curve if Good A is an inferior good?
 
  A) an increase in the price of Good A
  B) a decrease in the price of Good A
  C) a decrease in consumers' income
  D) an increase in consumers' income


todom5090

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

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Use an Automated External Defibrillator Use an Automated External Defibrillator
Drugs That May Worsen Heart Failure Drugs That May Worsen Heart Failure
External rotation of the shoulders External rotation of the shoulders
External auditory meatus External auditory meatus
An automobile engine generates 2160 Joules of heat that must be carried away by An automobile engine generates 2160 Joules of heat that must be carried away by
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library