What is NOT a form of market failure?

a. Perfect competition
b. Natural monopolies
c. Negative externalities
d. Information asymmetries
e. Public goods


A

Political Science

You might also like to view...

The federal government directly assists students through need-based grants, commonly called ________

A. Clinton Grants B. Chance Grants C. Pell Grants D. Opportunity Grants

Political Science

The U.S. economy, which accounted for half of global GDP in 1945, now accounts for what percentage of the world economy?

a. 10 percent b. 20 percent c. 30 percent d. 40 percent

Political Science

The model used in the text to explain civil-rights policies is the

a. public-choice model. b. rational model. c. elite model. d. institutional model.

Political Science

Which of the following best describes a constitutional democracy?

What will be an ideal response?

Political Science