An attempt should always be made to maximize opportunity cost.
a. true
b. false
Ans: b. false
Economics
You might also like to view...
Which one of the following is least likely to be considered a public good?
a. An interstate highway b. A national park c. Wildlife d. A river e. A golf course
Economics
The tragedy of the commons is the absence of incentives to
A) correctly measure the marginal social benefit from a common resource. B) prevent under use of the common resource. C) prevent overuse and depletion of a common resource. D) discover the common resource.
Economics