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Author Question: Which of the following illustrates the principle of second best? (Read 59 times)

justinmsk

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on: Apr 19, 2019

Which of the following illustrates the principle of second best?


◦ The government imposes taxes on gasoline, and the tax revenue collected is used to pay for road repair.
◦ The government decides to impose taxes on all grains, rather than imposing a tax only on wheat.
◦ The government imposes a tax on a paper manufacturer that equals the cost of cleaning the river damaged by the waste discharged into the river by the paper manufacturer.
◦ A tax imposed on land, because this tax distorts economic decisions less than taxes on other factors of production.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by justinmsk on Apr 19, 2019

efwsefaw

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Reply #1 on: Apr 19, 2019
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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justinmsk

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Reply #2 on: Apr 19, 2019
Thank you!


efwsefaw

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Reply #3 on: Apr 19, 2019
Always glad to help...


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