Safe Bank has an outside display which has the time and temperature that is always correct. This is an example of
A) an interference in the workings of the price system.
B) a breakdown in communication between the bank and its customers.
C) a negative externality.
D) a positive externality.
Answer: D
Economics
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Which one of the following could account for an increase in the market clearing price of iPads?
A) a decrease in demand for iPads B) an increase in supply of iPads C) an increase in supply along with a decrease in demand D) an increase in demand along with a decrease in supply
Economics