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Author Question: Which of the following would be an example of market failure? a. Harmful second hand cigarette ... (Read 40 times)

cool

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on: Jun 30, 2018
Which of the following would be an example of market failure?
 a. Harmful second hand cigarette smoke
 b. lack of funding for private education
 c. underproduction of a good by a monopoly
  d. all of the above

Question 2

A nation can achieve higher economic growth if:
 a. it devotes more resources to research and development.
  b. the productivity of labor declines.
 c. taxes are imposed on investment in capital.
 d. more resources are allocated to consumption goods.


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kaillie

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

d

Answer to Question 2

a


cool

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

atrochim

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Reply 3 on: Yesterday
Excellent

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