This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Market failure occurs when supply and demand curves only reflect: a. private or market costs and ... (Read 83 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Market failure occurs when supply and demand curves only reflect:
 a. private or market costs and benefits. b. external costs and benefits.
  c. external benefits. d. external costs.

Question 2

A free rider is a person who:
 a. is harmed by another's actions.
  b. is subject to a negative externality.
  c. receives benefits from someone else's action but does not pay for them.
  d. pays less than the full value for a product.
  e. won the state lottery.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


james

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph
Erythroblastosis fetalis. (a) The condition occurs with an RH+ father and RH– mother. (b) First preg Erythroblastosis fetalis. (a) The condition occurs with an RH+ father and RH– mother. (b) First preg
blood supply blood supply
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Head Gasket Failure Head Gasket Failure
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: Muscular System Animation

For a complete list of videos, visit our video library