Business, 18.01.2021 14:00 danquanc958719

Bakers are much likely to supply pastries to the market if property rights are not enforced. In the presence of market failures, public policy can improve economic efficiency. Classify the source of market failure in each case listed.

a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream.
b. There is only one car dealership in a small town, giving the dealership the ability to influence the price of cars.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:30, chonawilson4

Employees who are paid to complete a task, such as build a house, are paid on a(n) basis

Answers: 1

continue

Business, 21.06.2019 22:20, kyla1220

Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans

Answers: 1

continue

Business, 22.06.2019 04:30, skyvargasov9cad

Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?

Answers: 3

continue

Business, 22.06.2019 12:30, o11011195

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Answers: 1

continue

You know the right answer?

Bakers are much likely to supply pastries to the market if property rights are not enforced. In the...