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 73 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
Excellent


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library