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Author Question: Socially inefficient outcomes may occur in markets where there are: a. negative externalities ... (Read 119 times)

Deast7027

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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


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kilada

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


Deast7027

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kishoreddi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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