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

Author Question: If too little of a good is being produced in the free market, the production of the good is likely ... (Read 127 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
If too little of a good is being produced in the free market, the production of the good is likely to have a(n) ________ externality.
 
  A) positive
  B) negative
  C) pecuniary
  D) absolute

Question 2

According to the economic way of thinking, alcohol prohibition in the U.S.
 
  A) effectively destroyed peoples' incentives to produce and drink liquor.
  B) abolished the supply and demand process in liquor.
  C) led to a surge in prices and considerable profit opportunities for people willing to break the law.
  D) failed to make liquor truly illegal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


swpotter12

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Excellent

chereeb

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

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Saguaro cacti in freeze-free zones. Saguaro cacti in freeze-free zones.
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Model of malaria protozoa in a red blood cell. New parasites are produced and mature in the RBC, ... Model of malaria protozoa in a red blood cell. New parasites are produced and mature in the RBC, ...
Free energy diagrams for the simple reaction A ----> B Free energy diagrams for the simple reaction A ----> B
Fossil fuels production Fossil fuels production
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library