Market failure arises if ______. A. There is overproduction of the good but not if there is
Question:
Market failure arises if ______.
A. There is overproduction of the good but not if there is underproduction
B. The deadweight loss is zero
C. Producer surplus exceeds consumer surplus
D. Total surplus is not maximized
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
D When the total surplus is max...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Total consumer and producer surplus is maximized under perfect competition. If government restricted the quantity that could be brought to market, how would this restriction affect price, quantity,...
-
Total surplus is maximized at the equilibrium price and quantity. When demand increases, price increases. Explain how total surplus is still maximized if price increases due to an increase in demand.
-
A subsidy will increase consumer and producer surplus in a market and will increase the quantity of trades. Why, then, might a subsidy (such as a subsidy for producing corn in the United States) be...
-
} S 1995 the # of Farms Century, data year 1935 1990 19.50 Aumcon people living on declined steadily during the shown by the Follow g as (in milion of persons) from 1935 19.55 1960 1965 11975 1980...
-
How do individuals benefit from having health insurance? Why has health insurance received a lot of attention recently?
-
A particle moves along the x-axis with the velocity history shown. If the particle is at the position x = 4 in. at time t = 0, plot the corresponding displacement history for the time interval 0 t ...
-
The sources of energy of the sun is: (a) Nuclear fission (b) Chemical reaction (c) Nuclear fusion (d) Photoelectric effect
-
Transistor Electronics makes all of its sales on credit and accounts for them using the installment sales method. For simplicity, assume that all sales occur on the first day of the year and that all...
-
. How a flash memory can be Read, Erased, or Programmed? Explain the steps involved.
-
In Problem simplify each fraction. 18x 3 y 3 /9x 3 z
-
If the college puts a rent ceiling on rooms of $650 a month, what is the rent, how many rooms are rented, and is the on campus housing market efficient? The table shows the demand and supply...
-
In California, farmers pay a lower price for water than do city residents. If all water in California is sold for the market equilibrium price, would the allocation of water be more efficient? Why or...
-
With your classmates, form small teams of skunkworks. Your task is to identify an innovation that you think would benefit your school, college, or university, and to outline an action plan for...
-
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8623732/pdf/nutrients-13-03884.pdf Please read and critique this article answering the following questions in paragraph form: 1. What is the hypothesis...
-
Content Area For accounting information, the quality that allows a user to analyze two or more companies and look for similarities and differences is: Understandability Comparability Generally...
-
C++ Improper Function Definitions in Header Files Explanation: Ensure that the function definitions in header files (e.g., subexpression.h, operand.h, etc.) are correctly defined. How would I...
-
6. Design a sequential circuit specified by Table 6.1, using JK flip-flops. Table 6.1. Present State Next State QoQ1 x=0 x=1 Output x=0 x=1 00 00 01 0 0 01 00 10 0 0 10 11 10 0 0 11 00 0 1 0 1 7....
-
Palomar Engineering (PEINC) Stock is trading at $100 per share today. Expecting the share price to drop, you sell short 3 shares of stock. If you close this trade in 2 weeks when the price/share is...
-
Consider two countries, A and B, whose currencies are A and B, respectively. The interest rate in A is greater than the interest rate' in B. Which of the following is true according to the expected...
-
Discuss the concept of the looking-glass self. how do you think others perceive you? do you think most people perceive you correctly?
-
In the goods market, households and firms both have a role to play. In the factor markets these roles are reversed. Why does the reversal occur?
-
In the winter, both fish and fruit are harder to find and Robinson Crusoe can work only 5 hours a day. The table shows the quantities that Crusoe can produce in winter. Use this table for the next 4...
-
If you were seeking out a trading partner, would you choose someone whose tastes are similar to yours or different? Explain your answer.
-
Direct materials Average Cost per Unit $ 7.50 Direct labor $ 4.50 Variable manufacturing overhead $ 2.00 Fixed manufacturing overhead $ 5.50 Fixed selling expense $ 4.00 Fixed administrative expense...
-
City National Bank signed a loan agreement with State Electric Supply Company on January 2, 2020. The loan had the following terms: Principal: Term: Interest rate: Annual Payment: $1,000,000 10-...
-
The Loquat Corporation has book net income of $170,200 for the current year. Included in this figure are the following items, which are reported on the corporation's Schedule M-1, Reconciliation of...
Study smarter with the SolutionInn App