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SVETLANKA909090 [29]
4 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]4 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.

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Which u.s. government agency has the primary responsibility in reviewing food and package labels to ensure claims made by the ma
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The FDA is responsible for <span>reviewing food and package labels.</span>
4 0
3 years ago
Read 2 more answers
______ works with lenders to make long-term credit available to homeowners and businesses in agricultural and rural communities,
Nastasia [14]

Farmer Mac works with lenders to make long-term credit available to homeowners and businesses in agricultural and rural communities, including farmers and ranchers.

<h3>What is long term credit?</h3>
  • Money borrowed with a minimum five-year grace period before repayment is due: Long-term credit interest rates are likely to remain unchanged or slightly decline.
  • Long-term loans include those for cars, homes, and some types of personal loans. Long-term loans are available to suit both personal and business needs, such as purchasing machinery.
  • The most common type of credit in the financial sector is long-term borrowing.
  • Long-term financing decreases reliance on any one source of funding and offers more resources and flexibility to fund different capital needs.
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Learn more about long term credit here:

brainly.com/question/14305649

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8 0
2 years ago
18) A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise.
pav-90 [236]

Answer:

the amount of cash paid is $1,568

Explanation:

The computation of the amount of cash paid is shown below:

= (purchased value - returned goods) × (1 -  discount rate)

= ($1,800 - $200) × (1 - 0.02)

= $1,600 × 0.98

= $1,568

hence, the amount of cash paid is $1,568

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
3 years ago
The "too big to fail" policy of the Fed, whereby some banks are bailed out if they are in danger of failing because they are too
Jlenok [28]

Answer:

c.Moral hazard

Explanation:

Moral hazard can occur when banks take on excessive risk more than they would normally take on because they know they would be bailed out if they fail.

I hope my answer helps you

5 0
4 years ago
Your credit limit is $2,000. You don’t pay your card off each month like you should. What is the max you can safely charge on th
ale4655 [162]
I depends on how much they charge a month for not paying the bill
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3 years ago
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