Author Question: When city beautification programs are funded privately: a. only contributing citizens are likely to ... (Read 151 times)

Kikoku · **on:** Jun 30, 2018

When city beautification programs are funded privately:
a. only contributing citizens are likely to benefit from a more beautiful city.
b. only free riders are likely to benefit from a more beautiful city.
c. an underallocation of resources toward the beautification project is likely to occur relative to what is socially efficient.
d. none of the above

Question 2

If two countries produce both wheat and sugar and one country has the comparative advantage in producing wheat then the other country must have the comparative advantage producing sugar.
a. True
b. False
Indicate whether the statement is true or false