A. externalities
B. the free-rider problem
C. a and b
D. a and c
A. equilibrium quantity to exceed the optimal quantity
B. equilibrium quantity to equal the optimal quantity
C. optimal quantity to exceed the equilibrium quantity
D. equilibrium quantity to be either above or below the optimal quantity
A. increased
B. Decreased
C. Not changed
D. Any of the above
A. Too much advertising
B. Too few social goods
C. Cultural pollution
D. Too much political power
A. The quantity of labour supplied will exceed the quantity of labour demanded and there will be Unemployment
B. Unions will likely Strike and the wage will fall to equilibrium
C. The quantity of labour demanded will exceed the quantity of labour supplied and there will be a labour shortage
D. The quality of workers in the applicant pool will tend to fall
A. Market forces of supply and demand
B. The government
C. The law
D. The public Sector
A. God standard system
B. Gold based system
C. Bullion standard system
D. None of the above