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

Author Question: When market failures occur A) the invisible hand will correct for the market failures. B) the ... (Read 124 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
When market failures occur
 
  A) the invisible hand will correct for the market failures.
  B) the price system will correct the market failures.
  C) people will reduce their consumption.
  D) the government can step in to correct the market failure.

Question 2

If equilibrium price falls and the equilibrium quantity of the good purchased decreases, what has happened to either the supply curve or to the demand curve?
 
  A) Supply increased.
  B) Demand decreased.
  C) Demand increased.
  D) Supply decreased.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

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

D

Answer to Question 2

B


eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Excellent

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Muscles of the Hand Muscles of the Hand
Dispense 2–3 ml of hand sanitizer into the palm of the hand. Dispense 2–3 ml of hand sanitizer into the palm of the hand.
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Facing the table, place one hand on the thigh and the other on the lower leg. Gently rock the leg ... Facing the table, place one hand on the thigh and the other on the lower leg. Gently rock the leg ...
Effleurage to the foot bottom using the fist. Hold the dorsal surface of the foot with one hand ... Effleurage to the foot bottom using the fist. Hold the dorsal surface of the foot with one hand ...
Pelvic rock. Place your right hand over the recipient’s left hip bone. Place your left hand over ... Pelvic rock. Place your right hand over the recipient’s left hip bone. Place your left hand over ...
Video: Language Areas Animation

For a complete list of videos, visit our video library