This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When there is a binding price ceiling A) there is no equilibrium. B) the quantity demanded does ... (Read 45 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
When there is a binding price ceiling
 
  A) there is no equilibrium.
  B) the quantity demanded does not equal the quantity supplied.
  C) all potential customers are happy because they can buy the good at a lower price.
  D) producers move production to another country.

Question 2

Positive externalities ______.
 
  a. are not important economically
  b. should be reduced through subsidiziation
  c. are undersupplied by unfettered markets
   d. can be ignored


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

c


humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
Wow, this really help

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

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.

Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
The Mechanism of Oxygen Binding by Heme Proteins The Mechanism of Oxygen Binding by Heme Proteins
Antigen binding by an Fab fragment Antigen binding by an Fab fragment
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene
CAP–cAMP complex binding to the CAP binding region CAP–cAMP complex binding to the CAP binding region
Video: ribosome

For a complete list of videos, visit our video library