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27 Jan 2019
5. In each of the following cases: (a) Describe the resources Transferred; (b) describe the Deadweight Loss; (c) suggest how the deadweight costs might be avoided. Try to be as comprehensive as possible - and make sure you remember opportunity costs!
A. The bike theft "industry."
B. Prohibiting the copying of an article without the express written permission of (and payment to) the publisher.
Was there any feasible way to avoid the deadweight costs in any of these cases? Explain
5. In each of the following cases: (a) Describe the resources Transferred; (b) describe the Deadweight Loss; (c) suggest how the deadweight costs might be avoided. Try to be as comprehensive as possible - and make sure you remember opportunity costs!
A. The bike theft "industry."
B. Prohibiting the copying of an article without the express written permission of (and payment to) the publisher.
Was there any feasible way to avoid the deadweight costs in any of these cases? Explain
1
answer
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Beverley SmithLv2
29 Jan 2019