When a quota is imposed on a market with a negative externality, the market is: Multiple Choice not efficient, because the marginal cost outweighs the marginal benefit for too many consumers. efficient, because consumption occurs at the efficient level. efficient, because the net benefits individuals receive from the amount set by the quota are equal. not efficient, because the net benefits individuals receive from the amount set by the quota are different.

When a quota is imposed on a market with a negative externality, the market is: Multiple Choice not efficient, because the marginal cost outweighs the marginal benefit for too many consumers. efficient, because consumption occurs at the efficient level. efficient, because the net benefits individuals receive from the amount set by the quota are equal. not efficient, because the net benefits individuals receive from the amount set by the quota are different.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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estnavclient.psonsVc.net/#/question/4985ff31-8b4a-4423-8092-062ae41fb329/a5b5e518-23e9-4a64-b3f9-30a82b80e42f Review - A Bookmark Sunuwar, Alka 8 Africa Economics Test / 13 of 27 II Pause Use the information in the box to answer the question. Some industries in South Africa, such as housing and healthcare, are controlled by the government. Most industries, however, such as mining, agriculture, and manufacturing, are controlled by the private sector, and have helped South Africa become a major economic power in Africa. Based on the information, what conclusion can be drawn about the South African economy? O A. South Africa has a pure market economy. O B South Africa has a pure command economy. OC South Africa has a command economy with some market elements. D. South Africa has a market economy with some command elements. 3:52 PM e Schoolnet : M... TN TestNav - Goo. G 的M 感) O Type here to search 72°F 2/24/2022 Lenovo 近

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