Business
30.06.2023 03:13
298
307
6
Solved by an expert
Which of the following statements is not correct? a. Market power can cause markets
Which of the following statements is not correct? a. Market power can cause markets to be inefficient. b. The invisible hand can remedy all types of market failures. c. Externalities can cause markets to be inefficient. d. An invisible hand leads buyers and sellers to an equilibrium that maximizes total surplus.
Show Answers
hi510hello
4,5(56 marks)
Option B is correct.
The invisible hand can remedy all types of market failures.
Explanation:
A market failure is something that is inherent to the market that causes the market equilibrium allocation to be inefficient. Market failures are numerous in the resource and environmental sector of the economy. ย The market fails in the allocation of many environmental and natural resources, making the overall allocation of resources inefficient.
akatherine1738
4,5(8 marks)
How To Organize Your Income And Expenses
Sharpen your pencil. If you're not tracking any of your everyday dollars then you have no idea on where you can make improvements and you're not conscious of your money. ...
Track and categorize. ...
Add in your investments. ...
Graph it. ...
Other options for tracking. ...
A final note on budgeting.
Sharpen your pencil. If you're not tracking any of your everyday dollars then you have no idea on where you can make improvements and you're not conscious of your money. ...
Track and categorize. ...
Add in your investments. ...
Graph it. ...
Other options for tracking. ...
A final note on budgeting.
Popular Questions about the subject: Business
John Chong is an inexperienced entrepreneur in global business....
Business
11.09.2022 09:42
To open a joint account for a husband and wife, the social security...
Business
14.01.2023 11:12
What tool in Word can you use to search your entire document for...
Business
06.05.2020 03:14
a visual representation of the four perspectives of the balanced...
Business
17.07.2020 19:17
Duplicator Inc redesigned the copying machine so that it didn t...
Business
10.04.2020 15:22
Which is a possible effect of identity theft? Group of answer choices...
Business
10.01.2023 12:50
Question 6 of 40 What kind of account requires you to leave your...
Business
06.06.2021 21:03
When perfect competition prevails, which characteristic of firms...
Business
28.05.2020 22:46
Why is it important to file your federal incomes taxes every year?...
Business
14.01.2022 17:39
the e-government act promotes the use of electronic government services...
Business
10.10.2021 21:02
New questions by subject
What two numbers have a product of -6 and a sum of -1?...
Mathematics
25.11.2022 12:38
During the renaissance churches that grew out of protest against...
Social Studies
01.01.2021 02:20
Which of the following is not true about chemical changes? a. they...
Physics
12.04.2022 11:36
How do you check 2x+5-3(2x-7)=2(3x-5)-4...
Mathematics
14.08.2022 05:10
Adding a system can chamge the substance in a system...
Biology
09.11.2020 09:32
Ken spent 1/5 of his allowance on movies, 3/8 on snacks, and 2/7...
Mathematics
18.04.2020 16:05
Because there was a reawakening of interest in art literature in...
Social Studies
14.05.2023 09:01
State the slope of the line in simplest form....
Mathematics
13.05.2020 01:09
Jennifer s grandmother buys carrots at the farm stand. she and her...
Mathematics
26.04.2022 08:39
The โyoโ form of any verb always ends in the letter โoโ yes no...
Spanish
22.11.2022 09:05
Find out answers to questions
from an AI-bot
from an AI-bot
Get full access
Answers
