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 72 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

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Production efficiency. Production efficiency.
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Children’s interactions with older siblings may help promote an understanding of other people’s ... Children’s interactions with older siblings may help promote an understanding of other people’s ...
Nursing Interventions to Promote Healthy Coping Styles Nursing Interventions to Promote Healthy Coping Styles
Mitigation or adaptation, or intervention Mitigation or adaptation, or intervention
Productivity in Selected Industries in the Early 1990s Productivity in Selected Industries in the Early 1990s
Video: Mutations and translation

For a complete list of videos, visit our video library