Author Question: Which of the following are devices that the government uses to achieve a more efficient allocation ... (Read 54 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
Which of the following are devices that the government uses to achieve a more efficient allocation of resources in the presence of external benefits?
 
  A) taxes, private subsidies, and regulation
  B) public provision, taxes, and private subsidies
  C) regulations, public provision, and vouchers
  D) vouchers, public provision, and private subsidies
  E) public provision, taxes, and vouchers

Question 2

The above figure shows the U.S. market for replacement cell phone batteries. Area E is the
 
  A) producer surplus when there is free trade.
  B) deadweight loss from tariff.
  C) tariff revenue.
  D) increase in producer surplus due to the tariff.
  E) gain in total surplus due to the tariff.


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

For a complete list of videos, visit our video library