Disadvantages of decentralization are
A. intercommunity externalities.
B. forgone scale economies in the provision of public goods.
C. inefficient taxation.
D. the lack of ability to redistribute income.
E. all of these answer options are correct.
E. all of these answer options are correct.
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What will be an ideal response?
If the government wished to institute a set-aside program to support the price at P1 rather than P2 in Figure 29.1, by how much would market output be reduced?
A. Q3 to Q2. B. Q5 to Q1. C. Q3 to Q1. D. Q4 to Q2.
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A) labor supply curve shifts to the right B) labor demand curve shifts to the right C) labor supply curve shifts to the left D) labor demand curve shifts to the left
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A. optimizing. B. satisficing. C. benchmarking. D. maximizing.