When cyclical majorities arise, the winner of an election will be determined by the order in which the choices are presented to the voters

Which statement is TRUE about a comparison of economic freedom with political freedom?

A) Economic freedom is more important than political freedom when considering positive economic growth. B) Economic freedom leads to positive economic growth while political freedom leads to negative economic growth. C) Political freedom is more important than economic freedom when considering positive economic growth. D) Economic freedom cannot exist without political freedom.

The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. A quota to prevent the overuse of the cod sets the catch equal to ________

A) 0 tons per week B) 300 tons per week C) 400 tons per week D) None of the above answers is correct.