List four sources of market failure
What will be an ideal response?
(1.) Imperfect competition
(2) Externalities.
(3.) Production of public goods.
(4.) Imperfect information.
Economics
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The slope of the aggregate demand curve illustrates that real GDP demanded will increase when
a. the price level rises. b. the price level falls. c. real income rises. d. real income falls.
Economics
Refer to the figure below. 
The dominant strategy for Row Resorts is to ________, and the dominant strategy for Column Cruises is to ________.
A. offer reduced rates; offer reduced rates B. offer reduced rates; keep rates high C. keep rates high; offer reduced rates D. keep rates high; keep rates high
Economics