What does the U.S. government call its policy of tax breaks for research and development? Select the correct answer below: the research and experimentation tax credit O the research and development tax credit O the public experimentation tax credit

One of the problems of allowing goods and services to be distributed solely by the market is that income is unequally distributed, especially here in the US. Why would the market produce an inadequate level of some goods and services, which society might view as critical for peoples’ well being, while at the same time, use a significant quantity of resources to produce goods and services that contributed little to society’s overall well being?  Your answer should contain at least two examples of goods and services that are critical and inadequately produced and two examples of goods and services that are largely wasteful and overproduced (4 examples in total). Remember your answer should revolve around the distribution of income, and should be    focused only on the United States.

Question 2: Suppose Qd= 100- 10P Qs = 10P a. Draw a graph using the supply and demand equation assuming no trade. Calculateequilibrium P, Q, consumer, producer and total surplus.   b. Draw another graph assuming that trade is allowed. Calculate quantity domesticallyconsumed, domestically produced, imports, consumer surplus, producer surplus assumingworld price =$3.   c. What happens to consumer surplus and producer surplus after trade? Does total surplusincrease or decrease after trade? Show your calculations.   i need the the diagram

Implicit Price is co2= 4 USD / ton; Marginal benefit curve to be modelled by y=3x2+5x-2 Expected marginal cost to be modeled by y= -15x+18 Calculate the real market cost, define the best mechanism to implement a carbon reduction program. Explain why and implement if necessary, price control mechanisms. Through price discovery, the scheme finds out that the real marginal cost curve is y=-4x+120. Explain if your previous choice was the best, and what would you need to do in order to minimize losses and maximize CO2 reduction.