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Author Question: One major assumption of economics is that people A) act as if they systematically pursue ... (Read 76 times)

LCritchfi

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on: Jun 29, 2018
One major assumption of economics is that people
 
  A) act as if they systematically pursue self-interest.
  B) behave randomly without any predictable pattern.
  C) are sometimes rational and sometimes irrational.
  D) always pursue the interests of others.

Question 2

When misallocation of resources for production of a good results in spillover effects on third parties, there is a
 
  A) market failure.
  B) government failure.
  C) legislative failure.
  D) productive failure.


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ally

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


LCritchfi

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  • Posts: 519
Reply 2 on: Jun 29, 2018
Gracias!

daiying98

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Reply 3 on: Yesterday
:D TYSM

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