Author Question: Left to their own, private markets tend to: a. under-allocate resources to public goods. b. ... (Read 172 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?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library