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

Author Question: Markets can fail when there is A) a clear definition of property rights. B) common property. C) ... (Read 154 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
Markets can fail when there is
 A) a clear definition of property rights.
  B) common property.
  C) an absence of externalities.
  D) competition.

Question 2

A large oligopolistic firm that unilaterally makes changes in price which competitors tend to follow is known as a:
 a. price leader.
 b. price maker.
 c. dominant strategy firm.
  d. cartel leader.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

a




jrubin

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
:D TYSM


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library