1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SVETLANKA909090 [29]
3 years ago
13

Which of the following happens when there are market failures? A) Firms compete more leading to more efficiency. B) The invisibl

e hand automatically lowers prices and increases quality of products. C) The private sector promotes competition D) The public sector steps in to help allocate resources E) Firms temporarily seek society’s goals rather than maximize profit.
Business
1 answer:
lbvjy [14]3 years ago
5 0

Answer:

The correct answer is option D.

Explanation:

A market failure refers to the situaion where the market forces fail to efficiently allocate resources. It happens because of a number of reasons such as externalities, monopoly, asymmetrical information, tragedy of commons etc.

In case of market failure, the government has to intervene to efficiently allocate resources. The failure of price mechanism to produce goods efficiemtly results in government to intervene.

You might be interested in
Zook Manufacturing's total six-month sales were $85 million, with $25.5
german

Explanation:

85 ÷ 25.5 = 0.3

0.3 × 100 = 30%

3 0
2 years ago
Explain sustainable eco-friendly​
garri49 [273]

Answer:

Eco-friendly isn't quite so broad. It means that something doesn't harm the planet. But sustainable is the most precisely defined term here, and represents the wide scope of issues and activities that, according to the United Nations, do not compromise the ability of future generations to meet their needs.

6 0
2 years ago
Read 2 more answers
A local barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?
Tatiana [17]

A local barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?


To solve this question:

Take the 60 books received and divide them by the total 80 books they ordered.

60/80 = 75%


Barnes and Noble received 75% of the books they ordered so they are missing 25% of them.

7 0
3 years ago
Read 2 more answers
Which of the following organizations would be MOST likely to face a dynamic/complex environment? a. Oracle b. Whirlpool c. JCPen
alekssr [168]

Answer:

The correct answer is letter "A": Oracle.

Explanation:

Dynamic-complex organizations are those with diverse operations that are constantly changing because of the rapid development of their industry. Firms that fall into this category are mainly technological which products tend to have a short life cycle.

Thus, <em>American cloud-solutions company Oracle can be described as one having dynamic-complex processes.</em>

8 0
3 years ago
Joe sends for a MBA catalog from State University. According to the catalog, the MBA applications are evaluated on the basis of
irinina [24]

Answer:

The answer is: C) There is a valid contract

Explanation:

According to Appellate Court ruling in Steinberg v. Chicago Medical School;

The two parties (Joe and Sate University) entered a valid contract agreement upon receiving the $100 dollar application fee from Joe. State University´s catalog is considered to be the Offer part of this contract and the $100 application fee is considered the Consideration part of the contract.

7 0
3 years ago
Other questions:
  • The company’s CEO repeatedly says that "employees are our most important resource," but many managers treat employees disrespect
    12·1 answer
  • The technological advancement allowing for _____ has created a potential for inappropriate access and/or misuse of information.
    11·2 answers
  • Direct labor cost is classified as: Conversion cost Prime Cost A) Yes Yes B) No No C) No Yes D) Yes No Choice A Choice B Choice
    8·1 answer
  • María works for 5 hours and 15 minutes. How should she write that on her time card?
    12·1 answer
  • Which of the following is an example of the use of fiscal policy by the U.S. government? A. Congress makes it illegal for the po
    7·2 answers
  • Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its div
    8·1 answer
  • Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th
    14·1 answer
  • How can you determine the cost of something without concidering mearly its monitary value
    10·1 answer
  • Big Beef, Inc. raises calves to sell. Big Beef breeds its cows in April, and the cows calve in February of the following year. I
    11·1 answer
  • Clarisa, an engineering manager, wants to purchase a resort accommodation to rent to skiers. She is considering the purchase of
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!