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Author Question: What is the national security argument for restricting international trade? What is its flaw? ... (Read 91 times)

jhjkgdfhk

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What is the national security argument for restricting international trade? What is its flaw?
 
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Question 2

When young students are hungry, they can be disruptive and inattentive in class. Thus, providing lunch to students has external benefits. The figure above represents the market for school lunches before and after government vouchers are issued.
 
  a. What is the unregulated private market equilibrium?
  b. What is the efficient quantity of lunches?
  c. What is the amount of the voucher necessary to move the economy to the efficient number of lunches?
  d. When vouchers are used, what is the dollar price of the lunch that suppliers receive and what is the dollar price that consumers pay when the voucher is used?


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dpost18

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jhjkgdfhk

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Reply 2 on: Jun 29, 2018
Excellent


jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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