This topic contains a solution. Click here to go to the answer

Author Question: According to the economic theory of government, policies in a democracy will favor A) the ... (Read 33 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
According to the economic theory of government, policies in a democracy will favor
 
  A) the interests of many small minorities.
  B) the public interest.
  C) the real interests of the majority.
  D) whatever the majority thinks it wants even when this is not in the majority's real long run interest.

Question 2

At a Mufflers-R-Us repair shop customers have the opportunity to wait in a room with chairs, a television, magazines, coffee and donuts. The economic way of thinking suggests the muffler shop is
 
  A) selling mufflers below cost.
  B) selling the additional goods and services below cost.
  C) attempting to increase its total profit
  D) engaging in unfair trade practice because it provides the goods and services free of charge.
  E) almost certainly doing none of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

C




jhjkgdfhk

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library