dritan

the best measure of the opportunity cost of any choice is: the monetary cost of that choice. whatever you have given up to give that choice,even if no monetary costs are involved. the cost associated with not taking full advantage of the opportunity offer...

12. In each of the following situations, explain how government intervention could improve society’s welfare by changing people’s incentives. In what sense is the market going wrong? a. Pollution from auto emissions has reached unhealthy levels. b. Everyo...