Author Question: Society is likely to over-allocate resources to produce goods that A) are public goods. B) are ... (Read 93 times)

ARLKQ · **on:** Jun 29, 2018

Society is likely to over-allocate resources to produce goods that

A) are public goods.
B) are merit goods.
C) generate positive externalities.
D) generate negative externalities.

Question 2

Suppose the equilibrium quantity of ethanol has decreased. Which of the following could have caused this change?

A) a decrease in demand
B) an increase in supply
C) an increase in quantity demanded
D) an increase in quantity supplied

connor417 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

A

Author Question: Society is likely to over-allocate resources to produce goods that A) are public goods. B) are ... (Read 93 times)

ARLKQ

Society is likely to over-allocate resources to produce goods that A) are public goods. B) are ...

connor417

Society is likely to over-allocate resources to produce goods that A) are public goods. B) are ...

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