The governmental expense of a farm price support tends to increase as the price of the good falls.
Answer the following statement true (T) or false (F)
True
Economics
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When producers are hard to monitor and marginal costs differ across producers, ________ are an effective method to achieve efficient use of a ________
A) individual transferable quotas; public good B) marginal private benefits; public good C) individual transferable quotas; common resource D) individual transferable quotas; excludable good
Economics
Compare the effects of an increase in aggregate demand when the price level is fixed versus when it can change
What will be an ideal response?
Economics