Ask Question
BusinessBusiness
3 November, 23:26

When there are too few or too many resources going to an economic activity?

+2
Answers (1)
  1. 3 November, 23:41
    0
    If there are too few or too many resources going into an economic activity then a market failure exists. A market value exists if the quantity is demanded but the supply isn't present from suppliers. There are many types of market failures and reasons for a market to fail.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When there are too few or too many resources going to an economic activity? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In terms of workplace diversity, the new millenium has witnessed increased focus on
Answers (1)
In which of the following instances is the effect on equilibrium price (whether it rises, falls, or remains unchanged) dependent on the magnitude of the shifts in supply and demand?
Answers (1)
By the early 2000s, which country was Taiwan's third-largest trading partner? A. South Korea B. Japan C. United States D. China
Answers (1)
If a new home can be constructed for 120,000 what is the opportunity cost of federal defense spending assume a defense budget of 700 billion
Answers (1)
You are setting up a part-time business with an initial investment of $21,000. The unit cost of the product is $11.20, and the selling price is $18.70. (a) Find equations for the total cost C (in dollars) and total revenue R (in dollars) for x units.
Answers (1)
New Questions in Business
Macrosoft Company reports net income of $65,000. The accounting records reveal depreciation expense of $80,000 as well as increases in prepaid rent, accounts payable, and income tax payable of $60,000, $12,000, and $18,000, respectively.
No Answers
Hornberger, Inc. recently paid a dividend of $2.00 per share. The next dividend is expected to be $2.05 per share. Hornberger has a return on equity of 11.00%. What percentage of its earnings does Hornberger plow back into the firm?
Answers (1)
A tip of $10 is best for which kind of service? A. a mover who delivers furniture to your new home B. a valet who parks your car at a restaurant C. a waiter at a fast-food restaurant
Answers (2)
Sunland Company manufactures and sells high-priced motorcycles. The Engine Division produces and sells engines to other motorcycle companies and internally to the Production Division.
Answers (1)
Adamson Company manufactures four lines of garden tools. As a result of an activity analysis, the accounting department has identified eight activity cost pools.
Answers (1)
Home » Business » When there are too few or too many resources going to an economic activity?
Sign Up Forgot Password?