Author Question: Left to their own, private markets tend to: a. under-allocate resources to public goods. b. ... (Read 170 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
Left to their own, private markets tend to:
 a. under-allocate resources to public goods.
  b. allocate the economically efficient amount of resources to public goods.
  c. over-allocate resources to public goods.
  d. produce no public goods.

Question 2

When decision rights are decentralized, typically
 a. decisions are being moved to those with less of the relevant information
  b. decisions are being moved from those with stronger incentives to make good decisions
  c. decisions are being moved from those with more of the relevant information
  d. decisions are being moved from those with weaker incentives to make good decisions



jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

a

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

For a complete list of videos, visit our video library