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Author Question: Market failure occurs when supply and demand curves only reflect: a. private or market costs and ... (Read 87 times)

james

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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.


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jrpg123456

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

a

Answer to Question 2

c


james

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

kjohnson

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Reply 3 on: Yesterday
Gracias!

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