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ycow [4]
3 years ago
15

For national security reasons a government decides that all of its base metal industry should not be located in the same geograp

hical region, as it presently is. The government decides to allocate production quotas to firms in different parts of the country, but does not restrict in any way the transactions between consumers and base metal producers. This scheme isA) efficient as consumers still buy from whoever they like.B) efficient as those consumers who value base metals the most can purchase them.C) likely to be inefficient as some of the industry's output is not produced by the firms with the lowest cost.D) likely to be inefficient as the scheme will require subsidies to work.E) efficient as learning by doing effects will be strongest in the firms set up in new geographical regions.
Business
1 answer:
Novosadov [1.4K]3 years ago
6 0

Answer:

C

Explanation:

it sounds the best idk really.

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The demand for 10 a.m. class is higher than the demand for the 2 p.m. class.

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The supply of seats for the psychology class at 10 a.m is the same as the class at 2 a.m. But there is a surplus of seats at 2 a.m class and shortage of seats at 2 p.m class.  

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