The government corrects for externalities in all of the following ...

[bclement10]

The government corrects for externalities in all of the following ways EXCEPT
 
  A) taxes.
  B) regulation.
  C) lobbying.
  D) subsidies.

Question 2

In economic terms, the total price of a pound of meat for an individual who has waited in line is
 
  A) the money price paid to the butcher for the pound of meat.
  B) the money price of meat relative to the price of bread or other necessity.
  C) the money price of the meat plus the opportunity cost of time spent waiting in line.
  D) the money price of an equal amount of meat substitute, such as beans and rice.

[orangecrush]

Answer to Question 1

C

Answer to Question 2

C

[bclement10]

Excellent

[Alyson.hiatt@yahoo.com]

TYSM