How much is the APC when disposable income is $8 trillion?

A decision made by a rational person

A) is intended to make the person worse off. B) would always make the person wealthier. C) is identical to a decision that would be made by any other person facing the same choices. D) is intended to make the person better off.

A major drawback of providing subsidies to private companies that are natural monopolies is that

A. The companies will allow product quality to decline. B. Private companies are less efficient than public companies. C. Taxpayers dislike this use of their tax dollars. D. The companies have no incentive to limit costs.