Please don’t forget to put your home address on the back of the envelope before you mail the letter. Please remember your home address on the back of the envelope before you mail the letter.
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【单选题】Which of the letters below represent the quantities of profit maximization, productive efficiency, and allocative efficiency?
A.
B = profit maximization; D = productive efficiency; C = allocative efficiency
B.
A = profit maximization; C = productive efficiency; B = allocative efficiency
C.
A = profit maximization; B = productive efficiency; C = allocative efficiency
D.
B = profit maximization; C = productive efficiency; D = allocative efficiency
【单选题】What is the difference between static efficiency and dynamic efficiency?
A.
Dynamic efficiency allows us to evaluate resource allocations across time periods while static efficiency looks at resource allocation where time is not important.
B.
Dynamic efficiency is useful for environmental policymaking while static efficiency is not.
C.
Static efficiency is useful for environmental policymaking while dynamic efficiency is not.
D.
Static efficiency and dynamic efficiency are two names for the same thing.