Jen considers smoking an inferior good. In other words, for Jen to quit smoking, she would require a significant increase in income

When people in the United States answer government surveys about how they feel about things, most report they are:

a. Very happy b. Pretty happy c. Not too happy d. Miserable

When one party suffers negative external effects due to the actions of another party, a lawsuit may not lead to the efficient outcome if:

A) property rights are not clearly assigned. B) the parties have incomplete information. C) the legal costs of the lawsuit are too high. D) All of the above