Author Question: In-kind transfers can be justified over cash transfers on the grounds that _____. a. they give ... (Read 72 times)

bobypop · **on:** Jul 1, 2018

In-kind transfers can be justified over cash transfers on the grounds that _____.

a. they give the recipients higher utility
b. they have lower administrative costs
c. they are more equitable than in-kind transfers
d. taxpayers prefer them

Question 2

Suppose the cost of producing two goods, x and y, can be represented as C = ax + by + cxy. If there are economies of scope, then which of the following must be TRUE?

A) c > 0
B) a + b = -c
C) c = 0
D) c < 0