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Author Question: Refer to the table above. Maximum social surplus is: A) 10. B) 12. C) 14. D) ... (Read 70 times)

bcretired

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on: Jun 29, 2018
Refer to the table above. Maximum social surplus is:
 
  A) 10.
  B) 12.
  C) 14.
  D) 16.

Question 2

A system of laws and courts generates positive externalities because
 
  A) only governments are capable of creating such systems.
  B) people cannot choose whether or not to obey the law.
  C) people who disobey the law benefit from the existence and enforcement of rules applicable to all.
  D) such a system could not exist without the approval of a majority.


duke02

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

B

Answer to Question 2

C


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