Newsom has committed the state to a $990-million agreement with a China-based electric car company to produce 200 million protective masks. If you were an economics professor, what grade would you give Governor Newsom on his mask deal. Was the decision to pay high prices for PPE in the immediate aftermath of the onset of the virus a good financial decision? Is the evidence consistent with Newsom being corrupt and/or ignorant of basic economic theory?

Newsom has committed the state to a $990-million agreement with a China-based electric car company to produce 200 million protective masks. If you were an economics professor, what grade would you give Governor Newsom on his mask deal. Was the decision to pay high prices for PPE in the immediate aftermath of the onset of the virus a good financial decision? Is the evidence consistent with Newsom being corrupt and/or ignorant of basic economic theory?

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter4: Demand, Supply, And Markets

Section: Chapter Questions

Problem 6QFR

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