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

Author Question: What is market failure'? Explain one way in which government can help overcome such failure. What ... (Read 149 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
What is market failure'? Explain one way in which government can help overcome such failure.
 
  What will be an ideal response?

Question 2

Which idea about development was constructed with developing countries in mind?
 
  a. Harrod-Domar model
  b. New Growth theory
  c. Neoclassical growth model
  d. Lewis labor-surplus model
  e. All of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 30, 2018
Answer to Question 1

Market failure is defined in the text. The student may choose from among ways to overcome market failure such as providing information, regulating monopoly, providing public goods, etc.

Answer to Question 2

D


faduma

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
:D TYSM

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
Draw and label a diagram and explain how a factor-dependent transcription (rho-dependent) terminator Draw and label a diagram and explain how a factor-dependent transcription (rho-dependent) terminator
Manifestations of chronic renal failure. Manifestations of chronic renal failure.
Mechansim of actions of drugs used to treat heart failure Mechansim of actions of drugs used to treat heart failure
Yes u are not a FAILURE Yes u are not a FAILURE
Iraqi market Iraqi market
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library