Saturday
April 18, 2015

Homework Help: Economics

Posted by Chrissy on Monday, March 26, 2007 at 3:21pm.

How can government interference create inefficient production? Use at least one example.

I can think of a plentitude of ways. Think of government programs or actions that change market equilibriums. (three hints: tarriffs, price controls, special tax credits.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - The market equilibrium price for coffee beans in Ecuador is $2.75/...
Economics - Describe three specific measures the government can use to access ...
economics - 1) Give an example that you believe demonstrates when the cost of ...
Microeconomics - The market equilibrium price for coffee beans in Ecuador is $2....
american government/ economics - A constituion: is a unitary form of government...
Economics M/C - The market in which the assumption of continuous market clearing...
Economics - True OR False 1)Marginal cost is the additional cost incurred in ...
Economics - How does a price ceiling undermine the rationing function of market-...
Managerial Economics - How does a price ceiling undermine the rationing function...
managerial economics - How does a price ceilng undermine the rationing function ...

Members