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4 years ago

7

In Virginia, what is the marginal rate of transformation between wheat and cotton? (Assume wheat is graphed on the vertical axis

.)
a. -0.5
b. -1
c. -1.5
d. -2

1 answer:

Stella [2.4K]4 years ago

6 0

Answer and Explanation:

c. -1.5

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Answer: d. If intermediate goods were counted, then multiple counting would occur.

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3 years ago

Which statement describes the equity‑efficiency trade‑off? Government intervention can increase efficiency in a market. Actions

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Answer:

The correct answer is "Actions intended to make economic outcomes fairer may cause efficiency to decrease"

Explanation:

"Actions intended to make economic outcomes fairer may cause efficiency to decrease"

An equity-efficiency trade-off appears when an increase in the productive efficiency of a market leads to a reduction in its equity.

A clear example of equity-efficiency trade-off is the "fracking" (fuel extract method). The government takes benefits of this because is a more efficient method and is cheaper than the conventional extract method, however, it brings environmental issues, and leads to a reduction in its environmental equity.

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4 years ago

A type of loan that can typically carry an interest rate of as much as 459 percent is called a/an?

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The best and most correct answer among the choices provided by your question is the second choice or letter B.

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I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

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3 years ago

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3 years ago

Choose one real-world example of combining public choice and rent seeking to evaluate.

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Public Choice theory focuses on people's political decision-making processes. Rent seeking is the attempt to obtain a legal privilege that will allow you to earn money.

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