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Author Question: When comparing partial equilibrium effects to general equilibrium effects one can conclude that ... (Read 73 times)

jace

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When comparing partial equilibrium effects to general equilibrium effects one can conclude that
 
  A) general equilibrium effects are always larger.
  B) partial equilibrium effects are always larger.
  C) the effects are of equal size.
  D) one cannot determine before the fact which effect is greater.

Question 2

Economic efficiency entails
 
  A) producing a given amount of output with the most expensive mix of inputs.
  B) producing a given amount of output with the least number of inputs.
  C) producing a given amount of output with the most inputs.
  D) producing a given amount of output with the cheapest mix of inputs.


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verrinzo

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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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