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Economics: Microeconomic Analysis - Reading 14: Efficiency a

Q11. Which of the following is least accurate regarding obstacles to the efficient allocation of resources in a competitive market?

A)   Subsidies lead to production of more than the efficient quantity of the good.

B)   Public goods, such as national defense, tend to be overproduced because they can be consumed by everyone whether they pay for the goods or not.

C)   Quotas result in production of less than the efficient quantity of the good.

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2                  2

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i thought it's A

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HAVE A LOOK

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应该是A的

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thx

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d

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thanks

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dfdfd

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