3. What is the role of government while assessing and analyzing markets? Please give real life examples

18. Markets are good, and they work well. Can the government ever improve on a market outcome? If so, when? 19. If left alone, will the market produce enough vaccinations?

What mechanism guides the invisible hand? A. Price Mechanism B. Trust C. External Costs D. Market Failure    What forces business firms to be as efficient as possible so they can charge the lowest price? A. Property Rights B. Externalities C. Competition D. Capitalism   Capitalism is based on:A. Command-and control Regulations B. Trust C. Market Failure D. Government Intervention

1. According to Robert Reich, what is the goal of a business? a. Preserving the environment b. Creating and adhering to corporate social responsibility guidelines c. Generating profit 2. True or false, Simpson argues global corporations enhance economic freedom and their power causes conflicts of interest and social problems. a. True b. False 3. Which of the following is a rule that the Macdonald and Williams-Jones argue need to be applied if a company is going to use genetic testing or screening on their employees? a. It must be mandatory b. The employee must pay out of pocket for the procedure c. The employee cannot be terminated due to the test results 4. According to Pava, why should businesses be required to adhere to corporate social responsibility standards? a. They are involved in more than just making money b. They effect the environment c. They effect the lives of their employees d. All the above 5. Why does Palmer reject government intervention in controlling the timber…

Which of the following is not 1 of the 4 sources of American law: Select one: a. Constitution. O b. Statutes. O c. Remedies. O d. Case law.

Need some help! Really don't understand economics.