FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is false with reference to subsidies? They reduce the cost of production They transfer the income from tax payers to the

image text in transcribed

image text in transcribed
Which of the following is false with reference to subsidies? They reduce the cost of production They transfer the income from tax payers to the exporters. They mean the nation is exporting products in which it does not have comparative advantage. They can lead to inefficiencies

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Microeconomics

Authors: Douglas Bernheim, Michael Whinston

2nd edition

73375853, 978-0073375854

More Books

Students also viewed these Economics questions

Question

★★★★★
Present a classification of clustering procedures.

Answered: 1 week ago

Question

★★★★★
Use synthetic division to find P(-3) for P(x) = 2x3 - 6x2 + x - 4. Show your work?

Answered: 1 week ago

Question

★★★★★
Explicit values: What cultural and individual values were identified, and how did these relate to the purposes, processes, and judgments of the evaluation?

Answered: 1 week ago

Question

★★★★★
The Mistine case provides an example of an international company competing against a well know brand: Avon. It follows the company from small start-up to one of the largest Asian direct sellers. It...

Answered: 1 week ago

Question

★★★★★
10. Analytical procedures are commonly used A. Never. B. For risk assessment, substantive testing, and overall review. C. For risk assessment and overall review only. D. For risk assessment only. 1....

Answered: 1 week ago

Question

★★★★★
Which series has the highest beta. BraveNewCoin Liquid Index for Bitcoin 1D BNC Trading Brave Ne Yellow Green Blue Orange

Answered: 1 week ago

Question

★★★★★
Question 3 What are common features of an effective e - commerce category page? Choose TWO of the following: It includes security questions to limit fraud It minimizes the number of variables It is...

Answered: 1 week ago

Question

★★★★★
Draw a labelled diagram of the Dicot stem.

Answered: 1 week ago

Question

★★★★★
The magnitude and direction of two forces acting on an object are 50 pounds, S73E, and 110 pounds, N71E, respectively. Find the magnitude, to the nearest hundredth of a pound, and the direction...

Answered: 1 week ago

Question

★★★★★
Level 3: Write a program that alternates between the blue LED1 and red LED2, to simulate an emergency vehicle.

Answered: 1 week ago

Question

★★★★★
The figure shows a mechanism comprising two members AB and BD. Collar C is fastened to the mid point of member BD. If collar C moves freely along the rod with a constant velocity vc = 5 m/s ()....

Answered: 1 week ago

Question

★★★★★
1.A customer requires a hub-and-spoke Auto VPN deployment with two NAT-mode hubs with dual uplink connections and 50 remote sites with a single uplink connection. How many tunnels does each hub need...

Answered: 1 week ago

Question

★★★★★
A friend told you that he made 15% investing over the past year and I am a great investor because over the same period, the S&P500 only increased by 11%. Is this statement true or false? Explain your...

Answered: 1 week ago

Question

★★★★★
10. Choose someone you know and answer the following questions: a) Does this person have a low or high level of competence in a particular field? b) Do you have a low or high level of confidence in...

Answered: 1 week ago

Question

★★★★★
1. To gain insight into how a communication situation can be framed to maximize impact.

Answered: 1 week ago

Question

★★★★★
2. We can change the use and meaning of the concepts and thereby the meaning of the social reality to which they refer.

Answered: 1 week ago

Previous Question Next Question