This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Government intervention in an effort to promote allocative efficiency in all industries would likely ... (Read 60 times)

nods

  • Full Member
  • ***
  • Posts: 141
on: Oct 12, 2022
Government intervention in an effort to promote allocative efficiency in all industries would likely impose a cost in terms of economic growth. One explanation for this is that
◦ firms in perfectly competitive industries that are already allocatively efficient would also be affected by the intervention and become inefficient.
◦ some policies to promote allocative efficiency will lead to increased income inequality.
◦ correcting externalities inevitably reduces the economy's growth rate.
◦ much of the innovation and productivity growth that leads to economic growth comes from oligopolistic firms.
◦ some policies to promote allocative efficiency will lead to decreased income inequality.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nods on Oct 12, 2022

saly

  • Full Member
  • ***
  • Posts: 165
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 64% of students answer this correctly


nods

  • Member
  • Posts: 141
Reply 2 on: Oct 12, 2022
Excellent

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

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?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Moderate to high physical activity in PE classes is one component of a successful prevention effort ... Moderate to high physical activity in PE classes is one component of a successful prevention effort ...
Mitigation or adaptation, or intervention Mitigation or adaptation, or intervention
Ecosystem Energy Flow and Efficiency Ecosystem Energy Flow and Efficiency
Intervention for Troubled Teens Intervention for Troubled Teens
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library