This topic contains a solution. Click here to go to the answer

Author Question: Socially inefficient outcomes may occur in markets where there are: a. negative externalities ... (Read 96 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
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
Answer to Question 1

d

Answer to Question 2

True




Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Wow, this really help


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library