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.
Calcium consumption is essential for all people
A farmer with a pitchfork, wearing a hat identifying him as a Granger, warns of an oncoming “Consoli
Using Controls to Monitor Results
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
After being sure all pads are correctly positioned, use the electromechanical controls to raise the ...
Your Brain Controls Hunger and Satiation