All of the following products are likely to have significant network externalities except

A) cat food. B) cell phones.
C) Twitter. D) popular board games.

A

Economics

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According to public choice theory, tariffs, quotas, and other trade restrictions are primarily the result of the

a. political clout of foreigners. b. political clout of domestic consumers. c. political power of special interest groups. d. political desire for economic efficiency.

Economics

The ability to impose fines, revoke licenses, and put people into jail allows the government to:

A. Ensure positive profits for its agencies B. Maximize revenues from its operations C. Enforce involuntary transactions D. Set market prices for goods and services

Economics