Imperfect knowledge about a product can cause:
a. excessive resources devoted to producing a product.
b. consumers paying too high a price for a product.
c. overconsumption of a product.
d. all of the above answers are true.
e. none of the above answers a.-c. are true.
d
Economics
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The table above gives the utility Andy receives from different quantities of vanilla ice cream cones. Complete the table
What will be an ideal response?
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Which of the following is an example of a public good?
a. Pizzas b. A crowded bus stop c. National Defense d. Cable television
Economics