The Devices the Government Can Use to Achieve a More

question 85

Multiple Choice

The devices the government can use to achieve a more efficient allocation of resources in the presence of external benefits include all of the following except

• A)intellectual property rights.
• B)subsidies.
• C)public production.
• D)marketable permits.
• E)patents.

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Definitions:

Alternate

To occur or happen in succession; to switch between two or more states, actions, or conditions.

Leaf Arrangement

The pattern or configuration of leaves on the stem of a plant, which can be alternate, opposite, or whorled, among others.

Node

A point along a stem or branch at which leaves, branches, or flowers originate; in networks, a node is a junction or connection point.

Compound Leaves

Compound leaves have a leaf structure where a single leaf is divided into multiple leaflets, each connected to the whole leaf via a petiole.