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

Author Question: The government of Denin owns most of the profitable industries in the country that provide jobs, ... (Read 78 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jul 8, 2018
The government of Denin owns most of the profitable industries in the country that provide jobs, goods, and services to its citizens.
 
  The government determines the production rate and prices of products in the market to prevent market failures. The government also restricts imports to help domestic industries. Hence, Denin represents a ________.
  A. liberalist state
  B. laissez faire economy
  C. free market economy
  D. capitalist state
  E. command economy

Question 2

Which of the following market failures is a consequence of increasing returns to scale by a particular company?
 
  A. externality
  B. failure to provide public goods
  C. information asymmetry
  D. sustainability issues
  E. monopoly


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 8, 2018
Answer to Question 1

E

Answer to Question 2

E


evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jul 8, 2018
Great answer, keep it coming :)

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
The camshaft is rotated in relation to the camshaft by the PCM to provide changes in valve timing. The camshaft is rotated in relation to the camshaft by the PCM to provide changes in valve timing.
A shim (or half shim) may be needed to provide the proper clearance between the flywheel teeth of ... A shim (or half shim) may be needed to provide the proper clearance between the flywheel teeth of ...
Nutrient-Dense Food Choices Nutrient-dense foods provide more nutrition per calorie and fewer solid Nutrient-Dense Food Choices Nutrient-dense foods provide more nutrition per calorie and fewer solid
Energy Use by Different Country Groups Energy Use by Different Country Groups
Data Used to Analyze Productivity in Country 1 and Country 2 Data Used to Analyze Productivity in Country 1 and Country 2
Video: HDL (high density lipoprotein)

For a complete list of videos, visit our video library