Since most people prefer more money to less, the desire for more money
A) makes it difficult to induce people to cooperate.
B) makes it difficult to induce people to sacrifice for the larger public good.
C) makes social order highly unstable and unpredictable.
D) can induce useful changes in behavior.
E) implies people are living in a capitalist society.
D
Economics
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Economics
A bumper crop of apples can lead to sharply lower market prices and a decline in earned farm income primarily because
A. The income elasticity of demand for apples is negative. B. Foreign exports of apples to the United States should increase. C. The demand curve faced by individual apple farmers is price-inelastic. D. The demand for apples is price-inelastic.
Economics