Question: 1. 2. Mat ea concept in Column A with an example in Column B. Column A Column B a. Explicit contract 1. Failure to account

1. 2. Mat ea concept in Column A with an example in Column B.

Column A Column B

a. Explicit contract 1. Failure to account for environmental externalities

b. A core sphere activity 2. A signed lease for an apartment

c. Implicit contract 3. An example of a financial market

d. A public purpose sphere activity 4. e expectation that roommates will contribute to rent

e. A drawba of markets 5. Police services

f. A car loan 6. An example of a resale market g. A used bike sold on craigslist 7. Home care for the elderly h. e sale of crude oil to Exxon Mobil 8. An example of a commodity market

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