The rising cost of malpractice insurance is one of the leading causes of the increase in health care spending as a percentage of GDP in the United States

If Option A costs $40 and yields 20 units of output, and Option B costs $50 and yields 30 units of output,

A) Option B and Option A are equally economically efficient. B) Option B is economically efficient relative to Option A. C) Option A is economically efficient relative to Option B. D) It is not possible to determine which option is more economically efficient.

Requiring all firms to reduce emissions by the same percentage is

A. impossible. B. inefficient. C. inequitable. D. unenforceable under the law.