Question: 4 (15 points) a. Comparing the quota and the pooling policy, which has the higher deadweight loss and why? b. Comparing the pooling policy and

4 (15 points) a. Comparing the quota and the pooling policy, which has the higher deadweight loss and why? b. Comparing the pooling policy and the deficiency payments policy, which has the higher deadweight loss and why? C. Comparing the pooling policy and the deficiency payments policy, which has the higher transfer efficiency (average producer benefits per unit of deadweight loss) and why

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