For every choice a person makes it can be assumed that

A) the chooser has full knowledge of the situation.
B) some opportunity cost was involved.
C) there is a fifty-fifty chance the choice was the wrong one.
D) a good is involved and satisfaction is gained.

B

Economics

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List and briefly define the three methods government can use to cope with an external cost, such as pollution

What will be an ideal response?

Economics

When spending and incomes in an economy increase,

A) imports are likely to increase. B) imports are likely to be unchanged. C) imports are likely to decrease. D) exports are likely to decrease.

Economics