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Define market failure and give an example. Explain how government intervention may reduce market failure.

Market failure is when the price mechanism leads to an inefficient allocation of resources and a loss of economic welfare. One example of market failure is Public Goods. These are non-excludable and will ...

Answered by Alex W. Economics tutor
3330 Views

Ich wohne mit meinen zwei Kindern in einem Doppelhaus. Mein Sohn geht ins Gymnasium, wo er gute Noten bekommt. Meine Tochter hat Fremdsprachen an der Universität studiert, weil sie im Ausland arbeiten möchte. Translate into English.

I live with my two children in a semi-detached house. My son goes to grammar school, where he gets good grades. My daughter studied foreign languages at university because she would like to work abroad.

Answered by Daniel M. German tutor
1566 Views

Billy buys 4 adult tickets at £15 each and 2 child tickets at £10 each for show. A 10% booking fee is added to the ticket price. 3% is then added for paying by credit card. Find the total charge for these tickets when paying by card

4 x £15 = £60 2 x £10 = £20 This means the total price for tickets without added fees is £60 + £20 = £8010% booking fee --> £80 x 1.1 = £88 3% extra to pay with credit card --> £88 x 1.03 = £90.64 A...

Answered by Daniel M. Maths tutor
4568 Views

Explain, in terms of its structure, why graphite is able to be used as a lubricant

In graphite, the cations are arranged in layers (sheets of carbon atoms)The layers are able to slide over each other without interrupting the bonding within the layersHence, graphite can act as a lubrican...

Answered by Charles J. Chemistry tutor
4858 Views

How do I form the present of the subjunctive in Spanish?

The present of the subjunctive form is a relatively simple form to master in Spanish. To talk about feelings of doubt, desire, emotion, necessity, or uncertainty we use the present of the subjunctive in S...

Answered by Jessica T. Spanish tutor
1368 Views

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