Which of the following is the main reason for externalities?
A) The full cost of a transaction is not borne by the buyer/seller of the product.
B) Police enforcement of scalping is not uniformly enforced.
C) the lack of organized exchanges for all goods and services
D) The production of public goods uses up scarce resources.
Answer: A
Economics
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Applying a uniform markup to set the price of the various products sold by a firm is more profitable than varying the markup based on differences in the price elasticity of demand for the firm's products
Indicate whether the statement is true or false
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The one type of expenditure that we assume can differ from what spenders have planned is
A) consumption. B) investment. C) government expenditure. D) net exports.
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