Two types of costs must be considered when selecting the optimal ...

[eruditmonkey@yahoo.com]

Two types of costs must be considered when selecting the optimal decision rule. They are _____ and _____.
 
  a. decision-making costs; external costs
  b. marginal costs; variable costs
  c. decision-making costs; political costs
   d. political costs; external costs

Question 2

Suppose a tax is implemented to fund low-income housing. Which principle of taxation is most appropriate as a guide to evaluating the tax?
 
  a. the benefit principle
  b. the ability-to-pay principle
  c. a combination of the benefit principle and the ability-to-pay principle
   d. the mobility principle

[lou]

Answer to Question 1

a

Answer to Question 2

b

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