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
Answer: e. A golf course
Economics
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If liquidated damages stated in a contract are too low, inefficient breaches will be profitable, and if damages are too high, efficient breaches will not occur
Indicate whether the statement is true or false
Economics
When two country's laws and regulations are similar, economist's arguments for free trade are:
A. stronger than when the laws are different. B. identical than when the laws are different. C. weaker than when the laws are different. D. the opposite than when the laws are different.
Economics