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

Author Question: When there are too few or too many resources going to an economic activity A) a public good ... (Read 86 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
When there are too few or too many resources going to an economic activity
 
  A) a public good exists.
  B) a market failure exists.
  C) consumer sovereignty exists.
  D) a free-rider problem exists.

Question 2

Which of the following is NOT one of the basic questions that an economic system attempts to answer?
 
  A) How to eliminate choices?
  B) What to produce?
  C) How will goods and services be produced?
  D) For whom will goods and services be produced?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


joblessjake

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Excellent

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Resources related to safety Resources related to safety
Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source: Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source:
Economic and Social Development Economic and Social Development
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
economic question economic question
economic question economic question
Video: Eczema

For a complete list of videos, visit our video library