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3 years ago

Markets can be missing for a variety of reasons:

Business

1 answer:

Tpy6a [65]3 years ago

3 0

Answer:

a. lack of technology that would make the exchanges possible
d. lack of accurate information or communication between potential buyers and sellers

Explanation:

A missing market is one that is a competitive market and allows for the exchange of commodities but does exist in reality. A classical example is of the externalities of the pollution and can be also due to the coordinated failures that prevent the market form the formation and another barrier is the technology and failure of the information and the trust.

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olchik [2.2K]

Answer:

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Explanation:

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Complete Question

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The solution and the calculation is shown on the fourth image

Explanation:

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3 years ago

The atmospheric pressure at a place is 650 mm of Hg. Convert this pressure

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Ans Solution

Explanation:

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3 years ago

Gavin tells Rod that he will pay him $400 to paint his house. Rod starts to paint, intending to accept. Halfway through his pain

natta225 [31]

Answer:

Gavin is allowed to revoke if he finds Rod's efforts half-hearted

Explanation:

given data

Gavin pay for paint his house = $400

solution

as given Gavin pay Rod for paint his house at $400 but Gavin want to revoke the offer so Either he accepts, or he does not accept the offer.

If he starts to paint the offer, and Gavin doesn't like his work, the offer may be canceled.

so scenario is Gavin is allowed to revoke if he finds Rod's efforts half-hearted

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3 years ago