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

A public policy program that is jointly funded, jointly administered, and jointly determined by both state and national government is an example of

Answers

Answer:

Cooperative federalism

Explanation:

Cooperative federalism is also called marble-cake federalism.

It is a flexible arrangement where federal and state governments work jointly on various programmes.

An example of cooperative federalism is hen the national government provides tax revenue to state governments to construct interstate highways. The state government is closer to the project and will more effectively monitor progress.

They can be involved in coordination of the construction and maintenance of the roads.

According to Islamic Empire Cultural Achievements, “Islamic scientists were among the first to study and chart the movements of planets and stars, eclipses and the rotation of the Earth ...they were able to pinpoint their exact location on earth. This proved to be helpful for the Muslim daily ritual of prayer, facing toward Mecca

Answers

What is your question here though??

Which nation fought against France in the French and Indian War?

Answers

Great Britain fought against France

The answer fam is..... Great Britain

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.

PLEASE HELP DUE IN 10 MINUTES!!!

Which of the following describes the epics The lliad and The Odyssey?

A. They describe how the Trojan horse was used.
B. They are accurate accounts of the war between the Minoans and Trojans.
C. They tell about the Trojan War and are written by Homer.
D. They were written by Socrates to help describe the Greek gods.

Answers

Answer:

i thank the answer is D

Explanation:

People who sense that they have the _____ to cope with stressful events are less likely to respond poorly to stressors.

Answers

Answer:

problem-focused coping strategy

Explanation:

In psychology, Folkman and Lazarus have proposed two different kinds of coping strategies in 1984 including the problem-focused and emotion-focused coping strategies.

In the "problem-focused coping strategy", an individual tries to make various attempts in order to manage or deal with the problems that are causing him or her to experience stress (the things that are responsible for causing stress is referred to as the stressor). The problem-focused coping technique is often used in coping day-to-day problems by identifying a specific problem, thinking of possible solutions, considering costs & benefits associated with the solutions, and at last selecting the best alternative to resolve the problem.

In the question above, the given statement represents "problem-focused coping".

I NEED HELP ASAP ILL GIVE BRAINLIEST!!!

Answers

1. checks and balances

2. limited government

3. republicanism

4. individual rights

5. popular sovereignty

6. federalism

7. separations of powers

I NEED HELP ASAP!!!

A teacher would like to know if the smell of orange reduces stress in her AP Psychology students. During her first period class, students take their exams in the room as normal. During her second period class, the teacher uses a diffuser and orange-scented essential oil while the students take their test. She then compares the test scores of the two classes.

Identify the following from this scenario:

Independent Variable:

Dependent variable:

Possibly Confounding Variable (s):

Answers

Answer:

independent variable: the smell of the orange

dependent variable: stress

Possible confounding variables: events that could have effected that students on that day causing them to become stressed, the students being allergic to oranges, the time of day, etc.

Explanation:

Which problem was significant for the Texas army in early 1836?
Answer B) Lack of discipline

A) Muddy road in northern Texas
B) Lack of discipline
C) cowardice
D) lingering Loyalty to Mexico

Answers

Answer:

b

Explanation:

Lack of discipline is the problem was significant for the Texas army in early 1836. Hence, option B is correct.

What is Lack of discipline?

Lack of willpower, motivation, and ambition can also contribute to a lack of self control. bad mental and physical state. The loss of this vital skill could be impacted by a precarious state of health. This suggests that you need to take good care of your body and health, eat healthful foods, and exercise frequently.

This skill cultivates inner strength, self-worth, and self-assurance, all of which support happiness and contentment. A lack of self-control, on the other side, can lead to failure, loss, health problems, marital problems, obesity, and other problems.

These may be loving families that serve as positive examples of self control.

Thus, option B is correct.

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I WILL GIVE HEART AND 5 STARS IF ANSWERED CORRECTLY:
What criteria must be met for a state to claim status as a persistent objector?
Select one:
a. Its objections must be consistent, persistent, and timely
b. Its objections must be repeated over a long duration of time and internally consistent
c. Its objections must be based on principles of its domestic legal system
d. Its objections must be public and specific

Answers

Answer:

c

Explanation:

What are some potential problems with the divine right of kings philosophy ?

Answers

Answer:

explanations below

Explanation:

The divine right of the king philosophy is one that shows that the kings were given their authorities directly from God. So because of this, the Kings usually have the absolute right to rule completely without incorporating the wishes of the people.  

The major challenge with this doctrine is that the rulers had the carte blanche to rule in any way they wanted and the people at that time never liked that.  

just
note...
How is
George Washington
involved in instigating the French
Indian war?

Answers

Answer:

He is involved because he was a soldier for England in the French-Indian War.

Should political leaders adhere to basic moral principles when pursuing the state’s affairs or just look out for the state’s interests?

Answers

Answer:

Political leaders must address these two factors in a balanced and harmonious way.

Explanation:

Being a political leader is a very big responsibility, as it must meet all the principles, concepts, needs and guidelines that the territory they represent presents. In this case, political leaders, within the ethics of the position they represent, are not allowed to choose whether to meet the moral limits of state conduct, or whether to serve the interests of the states, because their obligation is to serve these two factors of equal, balanced and harmonious form as established by the states they represent.


The land around the Nile River delta is known as _____

Please select the best answer from the choices provided

a. Kush

b. Lower Egypt

c. Upper Egypt

d. the Sudan


Answers

Answer:

b.

Explanation:

Lower Egypt...........

Lower egypt I’m in the area

What did the framers intend the Constitution to do?

Answers

Answer:

The framers of the Constitution wanted to ensure cooperation among the states, and between the states and the national government. The framers hoped to create a system of government based on fair laws that apply equally to all people.

The framers of the Constitution created the United States Senate to protect the rights of individual states and safeguard minority opinion in a system of government designed to give greater power to the national government.

What process allows people able to use the waters of the tigris and Euphrates to water crops

Answers

Answer: Irrigation

Explanation:

You included no options (unless there weren't any to begin with) but irrigation should be the answer.

Irrigation is a method of watering plants that involves controlling the amount of water that goes into a farm in a given period. It works by channelling water from a water source like rivers and wells and then directing it to farms.

People built canals from the Tigris and the Euphrates that channelled water to their farms thus enabling them to use the two rivers to water their crops. The ancient Egyptians did the same with the Nile.

Most air pollution is caused by _____.

Answers

Answer:

burning fossil fules

Explanation:

Most of this air pollution we cause results from the burning of fossil fuels, such as coal, oil, natural gas, and gasoline to produce electricity and power our vehicles. Carbon dioxide (CO2) is a good indicator of how much fossil fuel is burned and how much of other pollutants are emitted as a result.

Researchers sometimes find artifacts buried near an ancient settlement. This can change interpretations of history through

Answers

it can discover theories that we may have thought to be false or true, and piece together mysterious. those artifacts might also and most likely have to do with the settlement they were found by.

Answer:

New information, second answer is through the use oftechnology

Explanation:

Examples of how the main social sciences are used today

Answers

the main social scientists are used today for Social scientists study all aspects of society—from past events and achievements to human behavior and relationships among groups. ... They also examine the customs, values, and social patterns of different cultures, often through comparative analyses.


I hope this helped!! the other person didn’t really answer the answer correctly, but this took me a long time to find LOL! and happy halloween!!!

Professor Solomon is investigating the relationship between bipolar I and bipolar II disorders. Based on research that has already been conducted, what will she conclude?
a. There is at least one manic episode in bipolar II, but not in bipolar I.
b. A diagnosis of Bipolar II does not need a depressive episode
c. A diagnosis of Bipolar I does not have to exhibit psychotic symptoms.
d. There are no clear differences between the two disorders.

Answers

Answer and Explanation:

Bipolar disorder refers to a group of  mental health. It is a disorder that affects people at some point in their lives. Now it has highest rates globally. People have bipolar disorder have extreme mood swings it is also called cycles or episodes. It may range from a deep depression to a manic high.

It is a lifelong condition. Some people go years without having episodes but others may experience several episodes per year.

The main difference between bipolar 1 and 2 is the intensity of manic episodes. Bipolar 1 includes periods of severe mania while bipolar 2 involves periods of less severe hypomania.

Professor Solomon investigates the relationship between bipolar I and bipolar II disorders. He has concluded that the median duration of bipolar I mood episodes was 13 weeks. And the possibility of recovery was significantly decreased for cycling episodes having mood swings with severe periods.

discuss the advantage of geographic profiling in a criminal investigation include a definition of the phrase "least effort" in your disscutioni

Answers

Answer:

explanations below

Explanation:

Geographic profiling is a type of technique, investigative in nature, which is used for serial violent crimes. A certain process is followed to examine the locations that are connected to a series of crimes so that the likely areas the offenders live can be ascertained.  

During the investigations, over time, the Police have realized that criminal follow a certain principle known as the least-effort in the sense that people commit crimes in areas where it is absolutely easy for those crimes to be committed and in areas they are very familiar with.

Geographic profiling technique has some disadvantages.

1. There is difficult in distinguishing between different types of offenders that operate in the same area using the same methods.  

2. The computer systems used may not be able to analyze all the information involved in a crime series and the system can only be as accurate as the algorithm that is used in the process.  

Humidity is of two types. Discuss its kinds

Answers

Answer:

absolute,relative and specific humidity

When two people marry, they must learn to negotiate the nature of the boundary between them, as well as the boundary separating them from the outside. This structural requirement is known as

Answers

Answer:

The appropriate answer is "Accommodation ".

Explanation:

The word 'accommodation' applies to many kinds of professional relationships amongst opposing parties that make for at least limited interaction across them, while the problems that separate them continue troubled or unsettled. It still does not conclude the dispute legally but leaves something in abeyance.

Why does arguinaldo believe US is betraying its own values by annexing the Philippines

Answers

Answer:

Because he thinks that U.S is forcing Filipinos to live in designated zones, where poor sanitation, starvation, and disease killed thousands. These conditions goes against the U.S government's attempt to provide equality to all kinds of US citizens.

Answer:

Aguinaldo feels that the United States is betraying its own values because they are doing the same thing that England was doing to America.

Explanation:

He observes that the United States is doubting the Philippine Islands' ability to govern themselves when “little over a hundred years ago, it was extremely questionable, when you, also, were rebels against the English Government, if you could govern yourselves

what role did geography play in ancient china's relationship with other civilizations?

Answers

Answer:

It isolated china from other civilizations.

Answer:

it isolated china from other civilizations

Explanation:

A P E X

Over time, scientists provided plenty of evidence to support their hypotheses about the cell theory. What instrument enabled them to provide this evidence?
A stethoscope
B microscope
C thermometer
D telescope

Answers

Answer:

microscope

Explanation:

Microscope is an instrument used to see micro organisms that cannot be seen with the naked eye ie cells.

Answer:

B. Microscope

Explanation:

hope this helps

The Protestant Reformation was prompted by _____
and others who sought reforms.

Answers

Answer:

Martin Luther and his 95 theses

Explanation:

During World War II, many pilots were trained for aerial combat. Fighter pilots learned to fight battles with other pilots in the sky. Bomber pilots dropped bombs on tanks and military vehicles or even cities. Transport pilots moved people and supplies from place to place more quickly than it could be done on land.

Which answer best explains the meaning of aerial as it is used in the paragraph?

Answers

Answer:

Air

Explanation:

Aerial will sometimes mean air.

Explain one consequence of gender stereotyping

Answers

Answer:

A gender stereotype is a generalised view or preconception about attributes or characteristics, or the roles that are or ought to be possessed by, or performed by women and men. A gender stereotype is harmful when it limits women’s and men’s capacity to develop their personal abilities, pursue their professional careers and make choices about their lives.

Explanation:

The outcome of gender stereotyping is that it considers the self-perception, relation noesises, and participation in the workforce are all affected.

What is the gender stereotyping?

The act of assignment to a specific woman or man certain traits, traits, or roles exclusively because she or he belongs to the social group of women or men is known as gender stereotyping.

The consequence for the Stereotypes about gender can make us perceive things differently, that is dangerous. When someone doesn't fit into our gender stereotypes, it can result in discrimination, unlike treatment, or biased treatment entirely.

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Millions of women migrate outside of their home countries each year in search of economic opportunities. Many of them work primarily in what sector?A) Manufacturing


B) Information Technology


C) Office Management


D) Domestic Work

Answers

Answer:

they could be helping in domestic work

lma

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A railroad car container can hold 42,000 pounds. Mr. Evans wants to ship 90 ovens and some freezers in the same container. If each freezer weighs 600 pounds, how many freezers could be shipped in the container? Explain. (each oven weighs 200 pounds) When my siblings get in trouble, why does my mom yell at everyone in the family? Even though we never did anything, she still punishes everyone. It makes no sense. For each account listed, identify whether the account would appear in either the income statement section or the balance sheet section of the worksheet. Assuming normal balances, identify if the account would be recorded in the debit (DR) or credit (CR) column. Account Section of worksheet Debit (DR) or Credit (CR) column? 8. Service Revenue 9. Accounts Payable 10. Cash 11. Depreciation ExpenseBuilding 12. Sandy, Withdrawals 13. Accumulated DepreciationBuilding You have $8.33. You buy 4 items that cost $0.63 each. How much money do you have left? what is the full meaning of vvf 4. Why must the process of meiosis create only half the number ofchromosomes (23) in each new cell? *A. The cells are smaller.B. Egg and sperm cells must only have the number of chromosomes so that whenthey combine the number will equal 46.C. 72 the number of chromosomes are not produced in this process, 46, the totalnumber is produced.D. If not, the cell would die. Which of the following working hazard categories qualifies as an environmental hazard?heat exposureslips and fallsunclean conditionsequipment/machinery Different cell types can react differently to epinephrine in the human body. Choose two cell types in the human body and briefly describe the cellular effect that occurs in the presence of epinephrine. QUICK Why was the Native American Graves Protection and Repatriation Act of 1990 established? What reasons might have caused the Aryans to search for a new home? Check all that apply. invasions earthquakes floods volcanic eruptions drought famine harsh climate How do you write binomial expansions? what element has a higher ionization energy carbon or silicon How many sulfur atoms are present in 100 grams of this compound? Report your answer to three significant figures. _____________ is confirming the significance of what another person is feeling.A. CommunicationB. ValidationC. NegotiationD. Conflict Resolution Which of the following is NOT true about viruses?A. Viruses have a protein coat.B. Viruses have their own genetic material.c. Viruses can reproduce on their own.D. Viruses are classified by shape. Use the chemical reaction to answer the question. On average, how much money should an American make a day? The overall message of this essay can be best described asthe corrupting power of slaverythe importance of education among slavesan example of the brutality of slaverya sympathetic portrayal of victimization of the oppressor and the oppressed Consider the reaction below. 2 Upper N Upper H Subscript 3 (g) Baseline double headed arrow Upper N Subscript 2 (g) Baseline + 3 Upper H Subscript 2 (g). What is the most likely effect to the forward reaction if there is an increase in pressure on this reaction? The reactant surface area increases. The reaction rate decreases. The reaction is not affected at all. The reaction stops completely. Two middle-order batsmen are compared based on their performance in their previous cricket match.Batsman A got 9 runs more than Batsman B and Batsman A's runs are 56% of the sum of both their runs.What runs did Batsman A and B score, respectively?