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Author Question: Suppose scientific research generates external benefits. Without government intervention, the market ... (Read 121 times)

dbose

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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
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IAPPLET

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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.
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dbose

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Reply #2 on: Jun 29, 2018
Correct answers!


IAPPLET

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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