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Which of the following is a situation that makes the market behave inefficiently? A. when consumers do not have enough information to make good choices B. when
producers have the power to find out exactly what to produce C. when both consumers and producers are fully informed about a product D. when the market is in perfect competition and prices are high
when the market is in perfect competition and prices are high, then it makes the market behave inefficiently
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User: Which of the following is a situation that makes the market behave inefficiently? A. when consumers do not have enough information to make good choices B. when producers have the power to find out exactly what to produce C. when both consumers and producers are fully informed about a product D. when the market is in perfect competition and prices are high

Weegy: when the market is in perfect competition and prices are high, then it makes the market behave inefficiently
Expert answered|donisback|Points 10|

User: Which of these is most likely to lead directly to a black market? A. a supply shock B. a price floor C. rationing D. equilibrium

Weegy: supply shock leads directly to a black market
Expert answered|donisback|Points 10|

Question
Asked 12/28/2011 10:41:57 PM
Updated 6/8/2014 12:18:16 PM
2 Answers/Comments
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A situation that makes the market behave inefficiently is when consumers do not have enough information to make good choices.
Added 6/8/2014 12:15:15 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [6/8/2014 12:16:38 PM]
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Rationing is most likely to lead directly to a black market.
Added 6/8/2014 12:18:16 PM
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Questions asked by the same visitor
Why do fads often lead to shortages, at least in the short term? A. Buyers and sellers are unable to agree on a price for the good. B. Laws prevent stores from responding to excess demand in time to prevent a shortage. C. Manufacturers charge extremely high prices for the goods that stores are unwilling to pay. D. Demand increases so quickly and unexpectedly that time is needed for the quantity supplied and price to ...
Question
Not Answered
Updated 3/15/2014 8:17:14 AM
1 Answer/Comment
Fads often lead to shortages, at least in the short term because : Buyers and sellers are unable to agree on a price for the good.
Added 3/15/2014 8:17:14 AM
This answer has been confirmed as correct, not copied, and helpful.
Which of these is most likely to lead directly to a black market? A. a supply shock B. a price floor C. rationing D. equilibrium
Weegy: A. a supply shock and C. rationing are most likely to lead directly to a black market. (More)
Question
Expert Answered
Updated 11/11/2015 4:26:17 AM
2 Answers/Comments
[Deleted]
Added 12/28/2011 11:23:12 PM
Flagged by sacha [11/10/2015 9:21:48 PM], Deleted by Andrew. [11/11/2015 4:26:20 AM]
Rationing is most likely to lead directly to a black market.
Added 11/10/2015 9:21:37 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [11/11/2015 4:26:19 AM]
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