Economics say that there has to be some from of rationing whenever ?
A. inflation occurs
B. there are externalities
C. merit goods are produced
D. there is excess demand
A. inflation occurs
B. there are externalities
C. merit goods are produced
D. there is excess demand
A. The price is greater than the marginal cost
B. The price is greater than the average cost
C. Costs are higher than they could be due to a lack of competitive pressure
D. There are external cost
A. Deduct depreciation
B. Deduct indirect taxes
C. Deduct subsidies
D. Add inflation
A. foreign dumg of goods in the U.S
B. subsidies granted to foreign firms that export to the U.S
C. buy national policies of foreign government
D. stringent environmental regulations of foreign government s
A. choose a price below the market equilibrium price
B. allow the market to seek equilibrium on its own.
C. Choose any price the planner wants because the losses to the sellers (buyers) from any change in price are exactly offset by the gains to the buyers (sellers).
D. choose a price above the market equilibrium price
A. Controlling Banks
B. Controlling cooperation
C. Controlling markets
D. None of them
A. a quota
B. dumg
C. a tariff
D. an export subsidy