Multiple Choice
A government-inhibited good is one that
A) the political process has determined is socially undesirable.
B) the political process has determined is socially desirable.
C) freely competitive markets have determined is socially desirable.
D) we want to encourage the consumption of.
Correct Answer:
Verified
Correct Answer:
Verified
Q138: When there are too few or too
Q139: In graphical form,the effect of imposing a
Q140: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" A shift from
Q141: If external benefits are taken into account
Q142: When costs spill over to third parties,
Q144: When the price system fails to generate
Q145: A government-inhibited good is a good which<br>A)
Q146: When misallocation of resources for production of
Q147: Public goods<br>A) are overproduced by unrestrained markets.<br>B)
Q148: Public education is priced below market price