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lana66690 [7]
3 years ago
5

According to comparative​ advantage, why is​ buchanan's argument​ incorrect?

Social Studies
1 answer:
trapecia [35]3 years ago
3 0
<span>Answer: persons consumption of the good does not leave less for others to consume ( non rivulrouse consumption) 2 joint consumption- we can all consume at the same time 3 consumers strategically do not pay producers for their output because of chronic free riding. 4 once it is produced it is not economically viable to exlude the free rider.</span>
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What kind of market runs most efficiently wheen one large firm supplies all of the output asap
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The correct answer would be, Monopoly.

Monopoly runs most efficiently when one large firm supplies all of the output asap.

Explanation:

Monopoly is a type of market in which there is one large producer of the product or service. The price of the product is usually set by the producer due to its advantage of a single producer in the market.

If there would be more producers of that specific product in the market, then due to the competition, the price of the product would change.

For example, in Pakistan, there is only one provider of the Sui Gas in the whole country. We can say that the Sui Gas provider has the monopoly in Pakistan. They can change the prices on regular basis and people have to pay them because of the unavailability of the substitute.

Learn more about Monopoly at:

brainly.com/question/3415010

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In response to its decision in Daubert, the U.S. Supreme Court created Rule 702 of the Federal Rules of Evidence.a. Trueb. False
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Answer:

True

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