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

Author Question: Which of the following would be an example of market failure? a. Harmful second hand cigarette ... (Read 53 times)

cool

  • Hero Member
  • *****
  • Posts: 570
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaillie

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

d

Answer to Question 2

a




cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library