Multiple Choice
Bans and quotas ___________ in situations where it is difficult or costly for authorities to monitor and punish rule-breakers.
A) often succeed
B) sometimes succeed
C) rarely succeed
D) always succeed
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Markets work well for allocating _ efficiently,
Q54: Goods that are rival in consumption,but not
Q55: To combat the undersupply of public goods,a
Q56: Goods that are not rival in consumption,but
Q57: Nonexcludability,in the case of rival goods,causes:<br>A) inefficiently
Q58: A modern example of privatizing a common
Q60: An example of a good that is
Q61: When the government bans a good it:<br>A)
Q63: An example of an excludable good or
Q64: Free riders enjoy:<br>A) negative externalities from others'