Which of the following is a source of government failure but is not typically an example of market failure?
A. Waste.
B. Inequity.
C. Monopoly.
D. Externalities.
Answer: A
Economics
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Marginal analysis is the comparison of additional benefits with the additional costs.
Answer the following statement true (T) or false (F)
Economics
Why does the supply curve of Japanese yen slope up?
What will be an ideal response?
Economics
If an employer pays employees according to the volume of business revenue they individually generate, then the employer is applying the
A. contributive standard. B. productivity standard. C. merit standard. D. all of these.
Economics
Refer to the data above. The marginal propensity to save in this economy is:
The disposable income (DI) and consumption (C) schedules are for a private, closed
economy. All figures are in billions of dollars.
A. .1
B. .72
C. .8
D. .9
Economics