Which of the following is an example of an undesirable side effect of the operation of the market mechanism?

A. Negative externalities
B. Comparative advantages
C. Abstractions
D. Productivity growth


Answer: A

Economics

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A decrease in the price of a good will cause a decrease in the firm's demand for labor

Indicate whether the statement is true or false

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Without government intervention, public goods would

a. be much less expensive. b. not be provided. c. be produced in much larger quantity. d. be priced within the income ability of all individuals to purchase them.

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The performance of the macroeconomy ultimately depends on the microeconomic decisions made by households and businesses

a. True b. False Indicate whether the statement is true or false

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inflation is

What will be an ideal response?

Economics