Market failure is the situation in which a market delivers an inefficient outcome. Indicate ...

Author Question: Market failure is the situation in which a market delivers an inefficient outcome. Indicate ... (Read 66 times)

vicky

Hero Member
Posts: 586

on: Jun 29, 2018

Market failure is the situation in which a market delivers an inefficient outcome.

Indicate whether the statement is true or false

Question 2

If the demand is perfectly elastic, buyers pay the entire tax.

Indicate whether the statement is true or false

Fayaz00962

Sr. Member
Posts: 330

Reply #1 on: Jun 29, 2018

Answer to Question 1

TRUE

Answer to Question 2

FALSE

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