Answer: A. Alaska auctions a limited number of licenses to harvest king crab.
Explanation:
The options include:
A. Alaska auctions a limited number of licenses to harvest king crab.
B. The U.S. and Canadian governments remove trade barriers, which allows for more trade of products like king crab.
C. Alaska removes taxes on diesel fuel, which lowers the price of diesel.
D. Alaska subsidizes the purchase of crab boats.
The socially optimal level of output will be achieved when there's allocative efficiency. It is the level whereby market failure is curtailed.
The policy choice that might produce the socially optimal king crab harvest is for Alaska to auction a limited number of licenses to harvest king crab.
This will help in the reduction at which the resource is overused as there'll be regulation and reduction in the number of person that can harvest king crab.
<u>Explanation:</u>
Some of the essential preparations when communicating to inform, persuade, and argue includes;
- Determine what you know about the subject.
- Be mindful of what your audience already know about the subject and avoiding stating mainly what they know already; so they will be more interested in what you have to say.
- Use appropriate language and terms that your audience can easily understand.
- Make references to respectable outside sources that back your claim.
- Respectfully present your speech to your audience, and avoid been judgmental because of their differing views.
Answer:
C. A price reduction that a producer gives to resellers to encourage
them to promote products
Explanation:
bcuz that's what advertising allowance is
The anwser to this question is b. prepare the statement of the retained earnings
