Left to their own, private markets tend to:
a. under-allocate resources to public goods.
b. allocate the economically efficient amount of resources to public goods.
c. over-allocate resources to public goods.
d. produce no public goods.
Question 2
When decision rights are decentralized, typically
a. decisions are being moved to those with less of the relevant information
b. decisions are being moved from those with stronger incentives to make good decisions
c. decisions are being moved from those with more of the relevant information
d. decisions are being moved from those with weaker incentives to make good decisions
Difference between Asian (left) and African (right) elephant ears.
A child with a hearing impairment wears a hearing aid (as noted in his left ear).
Comparison of the chemical structures of psilocybin and LSD. Psilocybin (left) is derived from a mu
Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ...
Earth’s Mineral Resources
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