How does the text distinguish between coercion and persuasion?

A) Coercion uses force; persuasion uses reasoning.
B) Coercion uses violence; persuasion is peaceful.
C) Coercion cannot make everyone better off, but persuasion can.
D) Coercion is evil, and persuasion is good.
E) Coercion induces cooperation by threatening to reduce options, persuasion by promising to expand options.

E

Economics

You might also like to view...

What is the core inflation rate and how does it differ from the overall CPI inflation rate?

What will be an ideal response?

Economics

Which event in business regulatory history permitted government intervention in industry affairs?

(a) The case of Munn v Illinois (1877) (b) The Sherman Act of 1890 (c) The case of Nebbia v New York (1934) (d) The creation of the Interstate Commerce Commission via the Interstate Commerce Act of 1887

Economics