Market failure occurs whenever "free markets fail to distribute resources efficiently".
<u>Answer:</u> Option A
<u>Explanation:</u>
The free market is a supply and demand-based economic system, with minor or zero government control. Market failure take place on the failure of efficient resource distribution, because if the demand of public will not be met on time than self life of product start decreasing and consumers may find alternatives to fulfill needs.
The causes for free market failure may be resulted from following factors like:
- positive and negative externalities,
- environmental concerns,
- lack of public goods,
- under-supply of merit goods,
- over-supply of demerit products and
- misuse of monopoly power.
Answer: The Church had the power to tax, and its laws had to be obeyed. Those who held contrary ideas were considered heretics and could be subject to various forms of punishment, including execution. The Church in the Middle Ages was to be feared and obeyed, and its influence spread into every area of society
<span> Washington had Paine's stirring words read to his troops to inspire them to continue the fight for independence</span>
Answer:
B. compares the levels of indicators for females to those of males within a country.
Explanation:
Gender inequalities represent one of the main obstacles to human development. The Gender Inequality Index is a socioeconomic index that aims to compare the socioeconomic status of women relative to men. It is an indicator that enables a quantitative analysis of gender inequalities in the labor market, health and independence. This index is necessary to indicate distortions of income, employment, and access to health. Thus, public policies can be taken to equate gender.
The concept best accounts for this observation as biological
preparedness. This is considered to be an idea formulated by which people and
animals are inherently inclined in regards of forming relations between stimuli
and certain responses in which could be illustrated above.
