Which of the following is often called the "Antimerger Act"?

According to the text, because people in an urban-industrial society will always disagree to some extent about who ought to have which rights,

A) it is unreasonable to expect negative externalities to be completely eliminated. B) negative externalities cannot be reduced without government coercion. C) negative externalities should not be thought of as the consequence of disagreement over property rights. D) there is no point in discussing the matter. E) we must depend upon government to decide exactly what should be prohibited or commanded.

Necessities tend to have more inelastic demands than luxuries

Indicate whether the statement is true or false