This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose scientific research generates external benefits. Without government intervention, the market ... (Read 64 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 29, 2018
Suppose scientific research generates external benefits. Without government intervention, the market for scientific research would
 
  A) produce the efficient amount.
  B) produce more than the efficient amount.
  C) produce some research, but less than the efficient amount.
  D) produce zero research.
  E) either produce more than or less than the efficient amount depending on whether the external benefit is on the production or consumption of the research.

Question 2

Relative to free trade, domestic producers of a good are ________ off with a tariff because of the ________.
 
  A) better; higher price and greater quantity sold
  B) better; higher price and smaller quantity sold
  C) better; lower price and greater quantity sold
  D) worse; lower price and smaller quantity sold
  E) worse; higher price and greater quantity sold
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


dbose

  • Hero Member
  • *****
  • Posts: 597
Reply #2 on: Jun 29, 2018
Correct answers!


IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Feedforward events can be conditioned to external stimuli. Feedforward events can be conditioned to external stimuli.
The Scientific Method The Scientific Method
External intercostals External intercostals
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
A Model of Scientific Literacy A Model of Scientific Literacy
External auditory meatus External auditory meatus
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library