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The government is involved in the U.S. economy for all of the following reasons EXCEPT to a. promote and encourage competition. b. prevent monopolies that deny the public the benefits of competition. c. regulate industries in which a monopoly is in the public interest. d. promote the development of market externalities.
Weegy: The government is involved in the U.S. economy for all of the following reasons EXCEPT to promote the development of market externalities. User: Which of the following is NOT a public good? a. community park c. armed forces b. fire department d. movie theater Weegy: Movie theater- is NOT a public good. User: what is market failure Weegy: Market Failure- is an economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers does not equate to the quantity supplied by suppliers. [ This is a direct result of a lack of certain economically ideal factors, which prevents equilibrium. ] (More)
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Asked 5/25/2013 12:08:30 PM
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An unintended side effect that benefits or harms a third party not involved in the activity is: a. a condition of oligopoly. c. a problem caused by inadequate competition. b. an externality. d. price discrimination.
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Updated 5/25/2013 12:51:24 PM
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An unintended side effect that benefits or harms a third party not involved in the activity is an externality.
Added 5/25/2013 12:51:24 PM
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____________ is a beneficial side effect that affects an uninvolved third party. a. Externality b. Negative externality c. Positive externality d. Neutral externality
Weegy: The beneficial side effect that affects an uninvolved third party is c. Positive externality. Thank you! User: public goods Weegy: Public goods - A product that one individual can consume without reducing its availability to another individual and from which no one is excluded. (More)
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Asked 5/25/2013 12:26:07 PM
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true or false In 1911 the government broke up the Standard Oil Company under the Sherman Antitrust Act. Since then the government has chosen not to excersise its power to break up other monopolies.
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Updated 109 days ago|4/9/2016 7:00:14 PM
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In 1911 the government broke up the Standard Oil Company under the Sherman Antitrust Act. Since then the government has chosen not to exercise its power to break up other monopolies. TRUE.
Added 109 days ago|4/9/2016 7:00:14 PM
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