Author Question: Which of the following is a characteristic of command economies? A) Rewards to economic agents ... (Read 124 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Which of the following is a characteristic of command economies?
 
  A) Rewards to economic agents are based on market prices.
  B) Coordination of economic agents is automatic.
  C) It is difficult to incentivize economic agents.
  D) The invisible hand functions without any restraint.

Question 2

Bongo plays drums in his parents' garage after school. What can we be sure of?
 
  A) Bongo's drumming imposes negative externalities on others.
  B) Bongo's drumming delivers positive externalities to others.
  C) Bongo expects to benefit while drumming.
  D) All of the above.



ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library