Which of the following is not a result of government price controls?
A) Some people win and some people lose.
B) A deadweight loss will occur.
C) Price controls benefit poor consumers but harm producers and wealthy consumers.
D) Price controls decrease economic efficiency.
Question 2
For-profit producers will produce only private goods because
A) buyers will be willing to pay for the goods since the benefits are excludable.
B) all external benefits can be internalized using market prices.
C) the cost of production can be easily determined.
D) markets exist for private goods but not for public goods.
Comparison of the level of skin damage as a result of the three different degrees of burns.
Aggregates are people who happen to be in the same place at the same time.
Trees provide ecosystem services to people
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Collage of people showing emotions
Famous People with Parkinson's Disease