• 2022-06-06
    Market failure in the form of externalities arises when the market fails to achieve equilibrium.
    A: 正确
    B: 错误
  • B

    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.

    • 1

      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.

    • 4

      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.