« previous next »

Author Question: Government intervention in a perfectly competitive market A) reduces economic well-being. B) is ... (Read 33 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jul 1, 2018
Government intervention in a perfectly competitive market
 
  A) reduces economic well-being.
  B) is an illustration of the invisible hand theorem.
  C) increases economic well-being.
  D) guarantees maximized well-being.

Question 2

If the demand curve is horizontal a rightward shift of the supply curve will lead to
 
  A) an increase in quantity supplied.
  B) an increase in price.
  C) a decrease in quantity demanded.
  D) a decrease in price.


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh
Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
economic question economic question
Economic question Economic question
Video: Origin of organelles Animation

For a complete list of videos, visit our video library