« previous next »

Author Question: Which of the following is an example of market failure? a. Public goods. b. Externalities. c. Lack ... (Read 57 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Which of the following is an example of market failure?
 a. Public goods. b. Externalities.
  c. Lack of competition. d. all of these.

Question 2

Topic Market failure, Difficulty M, Type RE, Answer c Which of the following is not an example of market failure?
 a. Lack of competition.
  b. Externalities.
  c. Equilibrium.
  d. Extreme income inequality.


s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Everyone has one nostril that is larger than the other.

B, Pitting edema in right sided heart failure. B, Pitting edema in right sided heart failure.
Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l
Two ginkgo biloba labels, note the lack of standardization in (a) 60 mg of extract, 24% ginkgo flavo Two ginkgo biloba labels, note the lack of standardization in (a) 60 mg of extract, 24% ginkgo flavo
Drugs for Heart Failure Drugs for Heart Failure
In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi
Drugs for Early and Moderate Heart Failure Drugs for Early and Moderate Heart Failure
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library