This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Government intervention in an effort to promote allocative efficiency in all industries would likely ... (Read 71 times)

nods

  • Full Member
  • ***
  • Posts: 141
on: Oct 12, 2022
Government intervention in an effort to promote allocative efficiency in all industries would likely impose a cost in terms of economic growth. One explanation for this is that
◦ firms in perfectly competitive industries that are already allocatively efficient would also be affected by the intervention and become inefficient.
◦ some policies to promote allocative efficiency will lead to increased income inequality.
◦ correcting externalities inevitably reduces the economy's growth rate.
◦ much of the innovation and productivity growth that leads to economic growth comes from oligopolistic firms.
◦ some policies to promote allocative efficiency will lead to decreased income inequality.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nods on Oct 12, 2022

saly

  • Full Member
  • ***
  • Posts: 165
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 64% of students answer this correctly


nods

  • Member
  • Posts: 141
Reply 2 on: Oct 12, 2022
:D TYSM

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Reptilian Brain or Instinctive Brain Promote Understanding of Human Behavior Reptilian Brain or Instinctive Brain Promote Understanding of Human Behavior
Nursing Interventions to Promote Effective Health Maintenance Nursing Interventions to Promote Effective Health Maintenance
Intervention Model-Response to Client Misconduct Intervention Model-Response to Client Misconduct
Video: Atrophy

For a complete list of videos, visit our video library