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 86 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
Excellent

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu
Blackbody Curves Blackbody Curves
Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an
Mechanisms of Action of Drugs Used for Heart Failure Mechanisms of Action of Drugs Used for Heart Failure
Testing the arterial supply to the lower extremities Testing the arterial supply to the lower extremities
Blood Supply to the Lungs Blood Supply to the Lungs
Video: Types of Burns

For a complete list of videos, visit our video library