According to your text, what is the significant distinction between the government and the nongovernment sector of society?
A) Government decisions are made by collectives rather than by individuals.
B) Government is usually granted the right to coerce adults.
C) Government officials pursue the public interest rather than narrow special interests.
D) Government takes the long-run view and thus cares for the interests of future generations.
E) The government sector is not characterized by competition.
Question 2
Refer to the figure above. At what level of output does the firm maximize profits?
A) 0 units
B) 10 units
C) 20 units
D) 30 units
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Significant Figures Calculation