举一反三
- Market failure in the form of externalities arises when the market fails to achieve equilibrium. A: 正确 B: 错误
- Market failure in the form of externalities arises when ( ) A: production costs are included in the prices of goods. B: not all costs and benefits are included in the prices of goods. C: the benefits exceed the costs of consuming goods. D: the market fails to achieve equilibrium.
- In a market characterized by externalities, the market equilibrium fails to maximize the total benefit to society as a whole.
- The two main causes of market failure are externalities and market power.
- When externalities are present in a market, the well-being of market participants
内容
- 0
When positive externalities are present in a market A: private benefits will be greater than social benefits. B: social benefits will be greater than private benefits. C: only government regulation will solve the problem. D: the market will not be able to generate an equilibrium.
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In a competitive market with no externalities,
- 2
Barking dogs cannot be considered an externality because externalities must be associated with some form of market exchange.
- 3
The AA schedule shows________. ( ) A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium. B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium. C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium. D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
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If the equilibrium price of an airline ticket is ￥1000 and the government imposes a price floor of ￥1200 on airline tickets, then fewer airline tickets will be sold than at the market equilibrium.