A subsidy paid to producers ?

Related Mcqs:

A decrease (leftward shift) in the supply for a good will tend to cause ?

A. an increase in the equilibrium price and quantity B. a decrease in the equilibrium price and an increase in the equilibrium quantity C. none of these answers D. a decrease in the equilibrium price and quantity. E. an increase in the equilibrium price and a decrease in the equilibrium quantity...

With a positive externality ?

A. There is under-consumption in the free market B. There is over consumption in the free market C. The government may tax to decrease production D. Society could be made off it less was produced...

The social costs of monopoly power arises because ?

A. marginal cost is set equal to marginal revenue B. price is less than marginal cost C. marginal consumer benefit is less than marginal revenue D. there is too little output at too high a cost...

An increase in income will ?

A. Lead to a movement along the demand curve B. Shift the supply curve C. Shift the demand curve D. Lead to an extension of demand...

If my neighbour burns garden waste causing my house to fill with smoke this is an example of ?

A. a production externality B. a second-best solution C. transaction costs D. a consumption externality...