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Author Question: What is one reason activists might lobby the government for regulation limiting the production of a ... (Read 75 times)

cnetterville

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on: Jul 1, 2018
What is one reason activists might lobby the government for regulation limiting the production of a product to less than would normally be in a perfectly competitive market?
 
  A) They value consumer surplus more than producer surplus.
  B) They value producer surplus more than consumer surplus.
  C) They seek to avoid future regulation.
  D) They seek to minimize total surplus.

Question 2

If activists successfully lobbied government to force firms to produce more output than they normally would in a perfectly competitive market,
 
  A) consumer surplus would decline.
  B) producer surplus would increase.
  C) taxation would solve the problem.
  D) total surplus in the market would decline.
Microeconomics ¦ Perloff ¦ 8th Edition
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cpetit11

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Reply #1 on: Jul 1, 2018
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.
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cnetterville

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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