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  3. Study Set
    Principles of Microeconomics
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    Exam 12: General Equilibrium and the Efficiency of Perfect Competition
  5. Question
    Suppose a New Government Policy Will Generate $5,000 of Benefits
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Suppose a New Government Policy Will Generate $5,000 of Benefits

Question 32

Question 32

Multiple Choice

Suppose a new government policy will generate $5,000 of benefits for local businesses and $3,000 of costs. This policy can best be described as


A) Pareto efficient.
B) inefficient.
C) potentially efficient.
D) equitable.

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