equilibrium price. b. They are imposed because they can make the poor in the eco

Question

equilibrium price. b. They are imposed because they can make the poor in the econom causing adverse effects. c. They a re desirable because they make markets more efficient as d. They can be enacted to restore a market to equilibrium. 29. Which of the following goods would satisfy attributes of a club good a. a congested public highway b. an airline flight that has been overbooked public parking d. c. satellite television The demand for salt is price inelastic and the supply of salt is price el elastic and the supply of caviar is price inelastic. Suppose that a tax c of salt and a tax of $1 per kilogram is levied on the buyers of caviar. most of these taxes? a. the sellers of salt and the buyers of caviar b. the sellers of salt and the sellers of caviar c. the buyers of salt and the sellers of caviar 30. huyers of salt and the buyers of caviar

Explanation / Answer

Answer 29: D - Satellite television

Explanation: Club good are excludable good, however thay are non rivalrous in nature, thereby these goods create scarcity artificially. For example: Satellite tv , private parking ... Etc.

Note: only first question is answered as per chegg policy.

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