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Author Question: The argument that society should be in favor of changes that benefit some people without making ... (Read 117 times)

lindiwe

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on: Jul 1, 2018
The argument that society should be in favor of changes that benefit some people without making others worse off is known as
 
  A) a positive externality.
  B) the Coase Theorem.
  C) the cost-benefit principle.
  D) the Pareto principle.

Question 2

If the price elasticity of supply of a good is elastic and the good price increases, then the increase in the good's supply should be
 
  A) greater than the increase in price.
  B) less than the increase in price.
  C) the same as the increase in price.
  D) Cannot be determined from this information


pikon

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


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lindiwe

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Reply #2 on: Jul 1, 2018
Correct answers!


pikon

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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