[Answered] In the above figure, in order to achieve efficiency, a tax of _______

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Author Question: In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed. A) 3 ... (Read 24 times)

EY67

Hero Member
Posts: 531

on: Jun 29, 2018

In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed.

A) 3
B) 6
C) 0
D) 2

Question 2

If Sally drives less carefully after buying auto insurance, she illustrates

A) adverse selection.
B) negative selection.
C) moral hazard.
D) lemon hazard.

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akudia

Sr. Member
Posts: 347

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

C

EY67

Member
Posts: 531

Reply 2 on: Jun 29, 2018

Great answer, keep it coming

adf223

Member
Posts: 304

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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Author Question: In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed. A) 3 ... (Read 24 times)

EY67

In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed. A) 3 ...

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Need homework help now?

akudia

In the above figure, in order to achieve efficiency, a tax of ________ per unit is needed. A) 3 ...

EY67

adf223