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

Author Question: Socially inefficient outcomes may occur in markets where there are: a. negative externalities ... (Read 94 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Socially inefficient outcomes may occur in markets where there are:
 a. negative externalities present.
 b. asymmetric information problems present.
  c. positive externalities present.
 d. any of the above.

Question 2

A country has an absolute advantage over another if it can produce a good with fewer resources.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kilada

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Gram Postive & Gram Negative Bacteria Gram Postive & Gram Negative Bacteria
Linkages between nursing outcomes Linkages between nursing outcomes
Where Earthquakes Occur— Convergent Boundaries Where Earthquakes Occur— Convergent Boundaries
Negative feedback mechanism. Negative feedback mechanism.
Waterspouts are tornadoes that occur over warm-water bodies, instead of over land. Waterspouts are tornadoes that occur over warm-water bodies, instead of over land.
Modification steps (1–4) that occur in maturation of E. coli tRNATyr from its transcript Modification steps (1–4) that occur in maturation of E. coli tRNATyr from its transcript
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library