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

Author Question: Government clean up toxic waste sites is _____. a. justified on public good grounds b. ... (Read 29 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jul 1, 2018
Government clean up toxic waste sites is _____.
 
  a. justified on public good grounds
  b. justified on externality grounds
  c. justified on equity grounds
   d. justified on technical monopoly grounds

Question 2

Explain why the supply-and-demand model should not be used to analyze the market for jeans.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

Products in the jeans market are not identical (at least not in the consumers' eyes). The fact that there is only one manufacturer per brand gives that particular firm (limited) power over the price of its product. Thus, two conditions for the use of the model are not fulfilled.


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Many salmon spawning grounds, such as the Little Qualicum River in British Columbia, consist of wate Many salmon spawning grounds, such as the Little Qualicum River in British Columbia, consist of wate
Symptoms that are most common in toxic spider bites Symptoms that are most common in toxic spider bites
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
Waste Reduction and Recycling in Canada Waste Reduction and Recycling in Canada
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Peptide Bond Formation Animation

For a complete list of videos, visit our video library