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Author Question: Government intervention in an effort to promote allocative efficiency in all industries would likely ... (Read 24 times)

nods

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on: Oct 12, 2022
Government intervention in an effort to promote allocative efficiency in all industries would likely impose a cost in terms of economic growth. One explanation for this is that
◦ firms in perfectly competitive industries that are already allocatively efficient would also be affected by the intervention and become inefficient.
◦ some policies to promote allocative efficiency will lead to increased income inequality.
◦ correcting externalities inevitably reduces the economy's growth rate.
◦ much of the innovation and productivity growth that leads to economic growth comes from oligopolistic firms.
◦ some policies to promote allocative efficiency will lead to decreased income inequality.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by nods on Oct 12, 2022

saly

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Reply #1 on: Oct 12, 2022
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.
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nods

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Wow, this really help

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