Author Question: Which of the following are devices that the government uses to achieve a more efficient allocation ... (Read 31 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
Which of the following are devices that the government uses to achieve a more efficient allocation of resources in the presence of external benefits?
 
  A) taxes, private subsidies, and regulation
  B) public provision, taxes, and private subsidies
  C) regulations, public provision, and vouchers
  D) vouchers, public provision, and private subsidies
  E) public provision, taxes, and vouchers

Question 2

The above figure shows the U.S. market for replacement cell phone batteries. Area E is the
 
  A) producer surplus when there is free trade.
  B) deadweight loss from tariff.
  C) tariff revenue.
  D) increase in producer surplus due to the tariff.
  E) gain in total surplus due to the tariff.


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library