Which of the following lead to an inefficient outcome? I.Decreasing marginal social benefit
II.Taxes
III.High transactions cost
A) I only
B) II only
C) I and III
D) II and III
E) I,II and III
Correct Answer:
Verified
Q86: Deadweight loss is
A)borne entirely by consumers.
B)gained by
Q87: Use the figure below to answer the
Q88: An external cost
A)is a marginal benefit.
B)results in
Q89: Use the figure below to answer the
Q90: Suppose the market for diamonds is a
Q92: Use the figure below to answer the
Q93: When a deadweight loss occurs in a
Q94: When overproduction of a good occurs
A)deadweight loss
Q95: Use the figure below to answer the
Q96: If production is not at an efficient
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents