Question and answer
Big Road Inc., a private company, is hired to build and run a state’s entire road system. The company charges high fees to use its roads. It maintains the roads only in heavily populated areas. Which
of the following describes this project? A. positive externality B. public good C. market failure D. negative externality
C. is correct answer, It is a monopoly, therefore market failure.
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Original conversation
User: Big Road Inc., a private company, is hired to build and run a state’s entire road system. The company charges high fees to use its roads. It maintains the roads only in heavily populated areas. Which of the following describes this project? A. positive externality B. public good C. market failure D. negative externality

Weegy: C. is correct answer, It is a monopoly, therefore market failure.
latefisher|Points 3420|

User: Which is a real-life example of a market that is close to perfect competition? A. a computer monopoly B. an oil and gas cartel C. a farmers’ market D. a public school system

Weegy: The correct answer is C. A farmers market.
Slayin|Points 743|

User: Which of the following programs was President Roosevelt establishing when he spoke these words? A. Temporary Assistance for Needy Families B. Social Security C. War on Poverty D. The New Deal

Weegy: ... The original program was part of President Franklin D. Roosevelt's New Deal plan ... Temporary Assistance for Needy Families; ... [ Of these two, Social Security is ... [ - See more at: ]
gasha|Points 80|

User: A major characteristic of monopolistic competition is that prices will be A. higher than in perfect competition. B. lower than in perfect competition. C. higher than in a true monopoly. D. unrelated to the type of competition

Weegy: A. higher than in perfect competition.
markworley|Points 340|

User: How do price changes drive markets toward equilibrium? A. They set new price floors and ceilings. B. They increase or decrease supply or demand. C. They ensure that prices are fair. D. They prevent inflation or deflation

Weegy: It affects B the most.
jhehe|Points 385|

User: What is a main principle of Adam Smith’s The Wealth of Nations? A. The free market system is inefficient. B. Business prospers by finding out what people want and providing it. C. People do not always get what they need. D. A price-based system provides few incentives for businesses.

Weegy: B. Business prospers by finding out what people want and providing it.
rugmaker|Points 3166|

User: You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of contraction. What is the main subject of this article? A. poverty B. microeconomics C. the business cycle D. voluntary exchange

Weegy: C. the business cycle
rugmaker|Points 3166|

User: In what way does the Bill of Rights protect individuals’ freedom to engage in business activities? A. It recognizes property rights. B. It denies the government the ability to regulate commerce. C. It provides free contracts. D. It provides each industry with a competitive edge.

Weegy: The Bill of Rights protect individuals’ freedom to engage in business activities by: (A.) It recognizes property rights.
Expert answered|matahari|Points 904|

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Asked 5/30/2013 1:05:54 PM
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