When parties are risk averse, cases with more at stake are less likely to settle outside court

Indicate whether the statement is true or false

F

Economics

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Which of the following is an example of an external benefit?

A. A company opens a slaughterhouse at the end of your street. B. Firms are able to reduce their costs of production by using a more efficient technology. C. The city spends $500,000 to upgrade the local jail. D. More people start to install solar panels on their roofs, and as a result, electricity use goes down as does the pollution created by the generation of electricity.

Economics

What is included in M2 that is not included in M1?

What will be an ideal response?

Economics