A society is saving lives (productively) efficiently if

a. there are no unemployed resources in the health care sector
b. there are no unemployed resources anywhere in the economy
c. there is no way to save more lives
d. there is no way to save more lives without sacrificing some other goods or services
e. the opportunity cost of saving one more life is zero

D

Economics

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The decision about whether a firm in each particular industry must operate as a proprietorship, partnership, or corporation is made by the Internal Revenue Service

Indicate whether the statement is true or false

Economics

Any rule that is used to make a choice is

A) positive-sum game. B) zero-sum game. C) strategy. D) negative-sum game.

Economics