In a market system, which of the following is a symptom of market failure?
a. competition
b. falling prices
c. scarcity of resources
d. air pollution that those exposed object to
d
Economics
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Suppose Jenny's marginal utility of fish is 40 and her marginal utility from chips is 20. The price of fish is $10 and the price of chips is $1. What should Jenny do to maximize her utility? Explain your answer
What will be an ideal response?
Economics
Empirical studies show that countries with low standards are very successful at attracting foreign investment
Indicate whether the statement is true or false
Economics