Question: Please answer the following question. Which policy would potential hosts prefer? (Consider the marginal willingness to supply of various potential hosts. Assume the 50 licenses

Please answer the following question.

Which policy would potential hosts prefer? (Consider the marginal willingness to supply of various potential hosts. Assume the 50 licenses are allocated to the hosts with lowest MWTS. Assume the hosts care only about producer surplus. Select each correct answer.) Some potential hosts would prefer the tax policy Some potential hosts would prefer the license policy Some potential hosts would be indifferent between the tax and license policies

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