In what instances does a failure of competition occur?​

Answers

Answer 1

Failure of competition is also known as market failure.

It is simply a situation where the market isn't functioning properly or we will say fails to function properly.

The failure of the market to provide goods and services for the masses/consumers.

Instances where failure of competition occur are;

- When the prices of goods and services do not reflect the cost of production reasonably,this will result in wealths being unfairly redistributed and the prices being too high.

- Failure of competition can occur when the buyers and sellers are not well informed.when there is no adequate information and enlightenment, there will be market failure because uninformed decisions will be made.

- When there is no competition, monopoly sets in and this will deny the consumers the benefit and privilege of making choices and competition leading to market failure.

- When there is resource immobility, market failure also occurs.


Related Questions

PLEASE HELP DUE IN 45 MINUTES!

This Executive Order granted the Secretary of War and his military commanders the right to designate military areas in order to protect "against espionage and against sabotage to national defense materials." The Secretary of War and his commanders could decide who could enter, remain in or were forced to leave these areas. For people who were forced to leave or were excluded from these areas, the Secretary of War and his commanders were required to provide transportation, food, shelter and any other required accommodations. Did the president who issued the executive order implement powers that belong to another branch or extend beyond his authority? explain

Answers

Answer:

The phrase “it’s just a game” is such a weak mindset. You are ok with what happened, losing, imperfection of a craft. When you stop getting angry after losing, you’ve lost twice.

There’s always something to learn, and always room for improvement, never settle.

Explanation:

The phrase “it’s just a game” is such a weak mindset. You are ok with what happened, losing, imperfection of a craft. When you stop getting angry after losing, you’ve lost twice.

There’s always something to learn, and always room for improvement, never settle. noob


Plz help ASAP you will get 10 points if you answer correctly

Answers

Answer:

look on google

Explanation:

Answer:

The correct answer would B Canaanites

Explanation:

Hope this helped! <3

PLEASE HELP What effects would a disease which kills trees have on Georgia’s economy? Why?

Answers

Answer:

See explanation

Explanation:

According to Georgia Forestry commission (2018), "Total economic activity supported by the forest industry in Georgia (including the multiplier effect and forestry-related bioenergy firms) was $36.3 billion in 2018. These activities supported the employment of 148,414 people who earned $9.1 billion in wages and salaries (including benefits)."

Hence, if a disease that kills trees surfaces in Russia, these economic activities supported by the forestry industry in Georgia will be suddenly crippled leading to massive job losses and a huge economic downturn in Georgia.

Georgia's economy is largely supported by the forestry industry as we can see from the foregoing. Hence the answer

As a participant in a new mentoring program between your university and a local high school, you have volunteered to give a presentation to a class of sophomores on the challenges of achieving creativity in teams. The goal is to motivate them to think creatively as individuals and to help ensure as well that their course teams achieve creativity when assignments call for it. What will you tell them

Answers

The correct answer to this open question is the following.

What I would tell them is that never stop imagining new a better ways to do things.

Yes, this is at the very basis of creativity. To always look for different and innovative ways to do anything. It doesn't matter if is homework, a final project, or house activity.

I would also tell them that they never accept a "no" for an answer. There are no fixed rules on how to approach a situation. It all depends on the different perspectives to understand any issue and come up with innovative ways to think and act.  This means to see what not everybody is seeing and saying what everybody is hiding.

How did the incident in the picture help push American colonists toward revolution?

TAP
PICTURE IF YOU DONT UNDERSTAND.

Answers

Answer:

C

Explanation:

The Boston Massacre pushed the Colonists to the edge and angred them with their willingness to kill innocent people

the answer to this question is c.

Provide an example of a latent function of becoming a member of an athletic team.

Answers

Answer:

The latent function of becoming a member of an athletic team is to work to build team cohesion and unity.

Explanation:

Latent functions are functions that are not easily perceived by anyone, as they are non-manifest, unintended functions that are not clear, but that exist and are only perceived by people who are within the established system, or are perceived only by the individual who own them.

When participating in an athletic team, the manifest function is to win the games to which the team is submitted, but the latent function is to maintain the team's unity and cohesion.

I need help pls I’m in a testttt

Answers

Answer:

first one

Explanation:

the air trapped by gases

3. What could the Empire of Ghana have done to sustain their ompire longer
and combat the issues that led to their decline?​

Answers

Answer: Ghana rulers are unknown and only a few of their deeds have passed into. This was easily done, considering the immense amounts of gold he possessed.

Explanation:

Plz Help!!!!! I’ll give Brainliest!!!!!

How were olives and olive oil important to the growth of Rome

These were traded with Egypt

These were traded to greece in exchange for food

These ere purchased to feed a growing military

These were grown as cash crops for overseas trade

Answers

Answer:

These were grown as cash crops for overseas trade.

Explanation:

Because the crops were sent over seas for trading. plus i took the test

D is the answer took the test

The Lausanne Congress on World Evangelization brought together participants from over _____ nations.

Answers

The correct answer to this open question is the following.

Although there are no options attached, we can answer the following.

The Lausanne Congress on World Evangelization brought together participants from over 150 nations.

The first edition of the Lausanne Congress on World Evangelization was held in Laussane, Switzerland in July 1974. It was an international event that tried to gather Christian people and missionaries from all over the world. The result of the works during the Congress was the Lausanne Covenant, a guideline of principles of the Evangelical Church, inviting all of its followers to spread the word and example of Jesus in every corner of the world.

Explain how Christianity was one of the driving forces for Spanish colonization and empire building

Answers

Religion played a huge role in Spanish settlements, it was the social glue that held a settlement together.

Fill in the blink. Remember to spell correctly.
The
Mountains cover much of New England.

Answers

The Appalachian mountains cover much of New England
The Appalachian Mountain

All of the following are factors that occur during the self-reflection phase of self-regulation except ___
A self-judgment
B. self-planning
C. self-reaction
D. self-observation

Answers

Answer:

The answer is B. self-planning, which is a part of the Forethought phase instead of the Self-Reflection phase.

Explanation:

Hope this helps!

Answer:

B. Self-planning

Explanation:

Edge

Which of the following is a type of a worm
A.snail
B.flea
C.oyster
D.fluke.
Hope this helps.

Answers

Answer: Fluke

Explanation: The flukes (Trematoda) are a class of parasitic worms belonging to the phylum Platyhelminthes. One species,... The symmetrical body of a fluke is covered with a noncellular cuticle. Most are flattened and leaflike or ribbonlike, although some are stout and circular in cross section.

Answer:

D. fluke

Explanation:

The flukes are a class of parasitic worms belonging to the phylum Platyhelminthes.

What is the definition of Revolution?

Answers

Answer:

a forcible overthrow of a government or social order, in favor of a new system.

Explanation:

Which type of interest rate includes the impact of inflation?
O nominal interest rate
O compounding interest rate
Oreal interest rate
O simple interest rate

Answers

Answer: C. Real interest rate

Explanation:

I just took the test, and i got it right :)

Can I get the brainliest answer pls?

The type of interest rate that includes the impact of inflation is the real interest rate. Hence option C is correct.

The real interest rate is adjusted for inflation and represents the rate of return on an investment after accounting for changes in purchasing power due to inflation. It reflects the true growth in the value of an investment by considering both the nominal interest rate and the inflation rate.

The nominal interest rate, on the other hand, is the stated interest rate without adjusting for inflation. It represents the raw return on an investment or the cost of borrowing, but it does not account for changes in the purchasing power of money over time.

The real interest rate is considered a more accurate measure of the actual return on investment because it takes into account the erosion of purchasing power caused by inflation. It allows investors to assess the true value and potential growth of their investments by factoring in the inflation rate.

Therefore option C is correct.

Learn more about real interest rate here

https://brainly.com/question/31386634

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СС
Which statements best describe the pharaoh's role in the economy of ancient Egypt? Choose three correct answers.
The pharaoh owned all of the land.
The pharaoh dug new irrigation canals.
The pharaoh was blamed when crops failed.
The Pharaoh made all of the major economic decisions.
The people were required to worship the pharaoh as a god.

Answers

Answer: Answer:

B D and E

Explanation:

Got it right on edgenuit y.

Answer:

A, C, and D.

Explanation:

I just completed the assignment in Edge nuity.

The Iliad covers
Greek culture
the arts
a disagreement between brothers
the Trojan war

Answers

Answer: Yes it does contain the story of the Trojan horse

Explanation: Free horse!” and wheel it into the city. By night, the Greek army sneaks out of the hollow horse and takes over Troy. But, surprisingly, you won't find any of that in the Iliad, Homer's great epic poem about the war for Troy! ... Homer, obviously, saw Hector's death, not the horse, as the turning point of the war.

Answer:

it would be the trojan war

Explanation:

What is the value , if any . Of philosophy in our daily lives?

Answers

It helps us solve our problems -mundane or abstract, and it helps us make better decisions by developing our critical thinking (very important in the age of disinformation). But it's boring, you say. It's hard to understand, you say. As it turns out, philosophy does not have to be a big snooze-fest.

In trying not to think of a black spider, you may find yourself thinking of black spiders. A proposed explanation for this is called:_______

a. thought expression
b. the ironic process of mental control
c. thought suppression
d. the reverse process of mental control.

Answers

Answer:

b. the ironic process of mental control

Explanation:

The ironic process of mental control is a psychological process that explains why an individual's attempt to forget about something or suppress a thought, actually result rebounds or results in actually having more thoughts about it. This happens when the monitoring process overrides the operating process. Instead of the individual forgetting about the thing, the individual ends up having more thoughts about it.

Explain: How is presidential and parliamentary both forms of democracy?
Your answer



Help !!!!

Answers

Answer:

Explanation:

A presidential democracy is a form of government in which the executive branch is elected separately from the legislative branch. A parliamentary democracy is a form of representative democracy in which political power is vested in an elected legislature, but the executive and legislative branches are not separate.

6. A group of third graders have been begging to play the new board games that were purchased by the parent/teacher group for their classroom, but the teacher is unsure about how to proceed because he doesn't think that a couple of the students would handle games well. What should the teacher do?

Answers

Answer: Demonstrate or do a simulation of how to play the game

Explanation:For third graders it is still important that they are shown demonstrations and monitored closed if they are playing games just to make sure they all handle the game effectively and if not a teacher can intervene.

I will ask this question twice. Once for each drop down. (This question is drop down 2)

Use the drop-down menus to complete the sentence.

In the government of the European Union, the [drop down 1] is elected by people in the EU and passes laws, while the [drop down 2] is appointed by governments of member countries and proposes legislation.

Drop down 2:

A. European Council
B. European Parliament
C. European Commission
D. Court of Justice

Answers

Answer:

Drop Down 1- European Parliament

Drop Down 2-European Commission

Which of the following choices is an example of propaganda?

1.A clock with Mickey Mouse on the face

2.A poster that describes Jewish people a s poor and homeless

3.A billboard that shows directions to a city

4.A superhero movie

Answers

Answer: 2. A poster that describes Jewish people a s poor and homeless

Explanation:

Propaganda refers to the presentation of information in a biased way such that it pushes forward a certain belief or logic which can be either true, false or relatively either. It is chiefly used for political, monetary and religious purposes.

A poster where Jewish people are depicted as poor and homeless is most definitely propaganda as the point of it is to instil in the minds of those who see the poster, the notion that Jewish people are poor and homeless people whereas this is not the case.

What are physical features of North Carolina’s coastal plain region? Check all that apply. 1. It has many rivers and rich soil for farming. 2. It is home to a chain of barrier islands. 3. It has large desert areas and is relatively dry. It has a large area of longleaf pine forest. 4. It has many large mountain ranges. 5.It is home to numerous wetlands habitats.

Answers

Answer:

Physical features of North Carolina’s coastal plain region:

✔️1. It has many rivers and rich soil for farming.

✔️2. It is home to a chain of barrier islands.

✔️5. It is home to numerous wetlands habitats.

Explanation:

North Carolina's Coastal Plain is known to be a home to numerous wetlands. It's a low, flat land which is found along the Atlantic Ocean. The coastal plain has a chain of barrier islands which are the Outer Banks. These barrier islands are separated from the mainland by inlets.

The coastal plain is known to possess rich, sandy soil which are the state's best farmland.

Answer:

1

2

5

Explanation:

write a letter to your friend telling him/her what you learned about environment in class​

Answers

Answer:

i learned its going bad

Explanation:

...

Explanation:

I hope this answer is Wright So please mark as brainlist answers.

Pleaseeeee,help meee

Answers

Answer:

As it starts swinging, the energy changes from potential energy to kinetic, or moving, energy. The total amount of energy, moving plus stored, stays the same; it only changes form. ... Since the total energy has to stay constant, the kinetic energy of the ball must be zero and the ball must stop moving. It can't hit you!

Answer:

Because as the water balloon swung it lost velocity and didn't make it back to her face.

Explanation:

what do you believe would be the major worry of the people in this area??help ​

Answers

Answer:

floods overall is the most worry if it rains too much the water may go up also depending of the area or weather a tsunami or hurricane damage

You are conducting an experiment in which you are trying to manipulate the immune response of rats by using the principles of classical conditioning. First for several days of an experiment, you give the rats artificially sweetened water with an immune system–enhancing drug in it. You later remove the drug and notice that the immune systems of the rats are boosted when they consume only the sweetened water. In your experiment, what is the conditioned stimulus (CS)?

Answers

Answer:

a. the sweetened water.

Explanation:

According to the principles of classical conditioning, conditioned stimulus occur when the intended stimulus create similar response in an experiment to that of the unconditioned stimulus. In other words, they are responses triggered when associated with unconditioned stimulus.

Here, the sweetened water is an intented stimulus. It was given to the rats with an immune-enhancing drug to boost their immune systems. However, when the drug was removed, the rats still showed signs of enhanced immune system just with the sweetened water. It shows that the sweetened water has associated with the unconditioned stimulus, which is enhanced immune system functioning, and now triggers the same response even without the drug.

The sweetened water is the conditioned stimulus in the experiment done with the rats. Rats responded positively with the consumption of such water which led to boosting their immunity.

Rats had been given only sweetened water with a drug that boosted their immunity during the first week of the experiment. However when drug was not consumed, their immunity was affected negatively.

In most of the experiments that are dealt with drugs, mostly such experiments are conducted by testing rats and noticing their reactions over conduction of such experiment.

The conduction of such experiments tells or helps in identifying whether it will be suitable for human consumption or how it will react upon human consumption.

Conditioned stimulus refers to a medium of experiment which is the main focus of such experiment and the medium through which the final results can be analyzed.

Hence, in our experiment with rats the conditioned stimulus was sweetened water where it was mixed with immune-system enhancing drug.

To know more about conditioned stimulus, click the link below

https://brainly.com/question/24868138

I will be your butler if I get this correct :)

Answers

Answer:

1. Sam Houston sent a letter ordering the surrender.

2. War against Santa Anna's army.

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