Intermediate Microeconomics · 免费预览

补贴、效率与价格体系

补贴是一种负税,其楔子计算与税收情形相同:此处一项 4 美元的补贴耗资 256,毁掉一个面积为 8 的三角形;而在拟线性偏好下,被它扭曲的均衡是帕累托有效的,这一基准赋予了无谓损失以意义。

1. The subsidy wedge

The subsidy wedge

2. Pareto efficiency defined

Pareto efficiency defined

3. Efficiency gives DWL its meaning

Efficiency gives DWL its meaning

4. Markets and their substitutes

Markets and their substitutes

5. Solving the subsidy

A 4-dollar per-unit subsidy to sellers in the worked market. What results?

6. The subsidy's waste

Why is the deadweight loss of this subsidy 8?

7. Defining Pareto efficiency

What exactly does Pareto efficiency require of an allocation?

8. The proof's key step

In the quasilinear proof that the competitive equilibrium is efficient, what does the equilibrium price equalize?

9. The subsidy's cost

Compute the total government cost of the 4-dollar subsidy at quantity 64, and write the number.

10. Induced trades

How many additional units does the subsidy induce relative to the free equilibrium of 60? Write the number.

11. Prices under the subsidy

In the worked market, the 4-dollar subsidy to sellers produces which pair of prices?

12. The traders' gain versus the bill

The subsidy costs the government 256 while the deadweight loss is 8. What do buyers and sellers together gain?

13. The marginal unit's arithmetic

At the subsidized quantity of 64, the demand curve prices the marginal unit at 18 and the supply curve at 22. What does the gap say?

14. Cost per unit of expansion

The subsidy spends 256 to raise quantity by 4 units. What is the cost per additional unit?

15. The seller's receipt

Under the 4-dollar subsidy, compute the price sellers receive per unit, and write the number.

16. Cost per induced unit

The subsidy costs 256 in total and induces 4 additional units. Compute the cost per additional unit, and write the number.

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