A higher opportunity cost of public funds implies... Select one: O a. Higher incentives for illegal regulatory capture O b. Larger informational rents O c. A larger (expected) DWL

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
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Problem 19RQ: What are the three problems that economists have noted with regard to command-and-control...
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A higher opportunity cost of public funds implies...
Select one:
O a. Higher incentives for illegal regulatory capture
O b. Larger informational rents
O c. A larger (expected) DWL
Transcribed Image Text:A higher opportunity cost of public funds implies... Select one: O a. Higher incentives for illegal regulatory capture O b. Larger informational rents O c. A larger (expected) DWL
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