Chickens are not endangered because

A) there are clear property rights to them.
B) government regulates chicken processors.
C) there are positive externalities.
D) they are free and not owned by anyone.

A

Economics

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In the above figure, the most efficient way to produce 10 units is to hire

A) 1 worker. B) 2 workers. C) 3 workers. D) 5 workers.

Economics

The underground economy — the informal sector — can be a significant drag on the economies of developing countries. Why are firms in the informal sector often less efficient than firms in the formal sector?

What will be an ideal response?

Economics