Which of the following statements is not true?
A) Our government ensures that competition flourishes, that information flows freely, and that property rights are protected.
B) The price mechanism will work best if there are a enough firms in each industry to ensure that no one firm can influence price.
C) Environmental pollution is considered a market failure.
D) Everything produced by the public sector is a public good.
Correct Answer:
Verified
Q183: According to most economists,
A)command-and-control regulations work better
Q184: Statement I: Capitalism is based on trust.
Statement
Q186: Statement I: Nearly all economists prefer command-and-control
Q187: A $3 increase in the federal gasoline
Q188: Which statement is false?
A)Nearly all economists prefer
Q191: Which of the following statements is true?
A)When
Q192: Suppose a business firm dumps its used
Q193: Which of the following is NOT an
Q194: Which of the following is NOT an
Q195: Which of the following is NOT an
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