To avoid harm to society, the government often becomes the supplier of a good or service when the respective market has been engaging in illegal activities that the government seeks to eliminate. has high profit, and the government can use those to replace tax revenue. would be a natural monopoly, and the good or service is considered essential. would be competitive enough to cause surpluses to develop.

All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a

Principals are an administration career

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.