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Author Question: Legislators facing a close electoral contest will tend to favor A) policies with benefits greater ... (Read 68 times)

kaid0807

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Legislators facing a close electoral contest will tend to favor
 
  A) policies with benefits greater than costs for everyone.
  B) policies with benefits greater than costs for the majority.
  C) policies with benefits in the near future and deferred costs.
  D) policies representing the public interest.

Question 2

Suppose a Chinese restaurant provides free tea to its customers. In the economic way of thinking, the restaurant is
 
  A) engaging in predatory pricing of its meals.
  B) engaging in predatory pricing of tea.
  C) selling Chinese food below cost.
  D) doing all of the above.
  E) almost certainly doing none of the above.



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ashely1112

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Answer to Question 1

C

Answer to Question 2

E





 

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