What is one advantage market economies have over other types of economies
A) Market economies provide an equal distribution of goods and services to consumers.
B) Market economies establish government economic control.
C) Market economies solve the problem of scarcity.
D) Market economies are more efficient.
Correct Answer:
Verified
Q7: What is an externality
A)the impact of society's
Q8: What do externalities cause markets to do
A)fail
Q9: Why is dioxin emission that results from
Q10: Which of the following would NOT likely
Q11: When does an externality exist
A)when the government
Q13: When negative externalities are present in a
Q14: Which example illustrates the concept of a
Q15: In the absence of externalities,what can be
Q16: When externalities are present in a market,what
Q17: What does the term market failure refer
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