Help please 8. Producers tend to ignore cost that they can avoid-inefficient allocation of resources-no artifical obstacle-market fialure-unbridled competition-polluted rivers (edited)9. An example of a significant spill-over cost-Inefficient allocation of resources-destructive production method-identical products-artifical obstacles-polluted rivers10. (gap) pertains to a market situation where thereis a relatively large number of small producersselling (gap) products11. Product of differentiation leads some consumersto (gap) of one producer over those of the others.On the other hand, producers or sellers chargesomewhat different prices depending on (gap).12. Because of (gap) producers are willing to spendsignificant amount of money for (gap) to increasesales13. Seller has some degree of control over the price-product differentiation-high degree of accuracy-imaginary differences-entry blocked-real differences

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Answered: 8. Producers tend to ignore cost that…

8. Producers tend to ignore cost that they can avoid -inefficient allocation of resources -no artifical obstacle -market fialure -unbridled competition -polluted rivers (edited)

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 3PA

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Question

Help please

8. Producers tend to ignore cost that they can avoid
-inefficient allocation of resources
-no artifical obstacle
-market fialure
-unbridled competition
-polluted rivers (edited)
9. An example of a significant spill-over cost
-Inefficient allocation of resources
-destructive production method
-identical products
-artifical obstacles
-polluted rivers
10. (gap) pertains to a market situation where there
is a relatively large number of small producers
selling (gap) products
11. Product of differentiation leads some consumers
to (gap) of one producer over those of the others.
On the other hand, producers or sellers charge
somewhat different prices depending on (gap).
12. Because of (gap) producers are willing to spend
significant amount of money for (gap) to increase
sales
13. Seller has some degree of control over the price
-product differentiation
-high degree of accuracy
-imaginary differences
-entry blocked
-real differences

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