Multiple Choice
The cost- benefit analysis is fraught with difficulty:
A) the best policy is no policy.
B) because economist have a hard time modelling individuals' behaviour.
C) externalities cannot be appropriately dealt with in this framework.
D) because the necessary information is prohibitively costly.
Correct Answer:

Verified
Correct Answer:
Verified
Q47: Eliminating information asymmetry:<br>A)should be upheld by law.<br>B)may
Q48: The switch in property rights from fault
Q49: The no- fault divorce law was the
Q50: According to neoclassical economics:<br>A)all allocations are Pareto-
Q51: Property rights are incomplete because:<br>A)the Coase theorem
Q53: Coase theorem part 2 says that:<br>A)economic decisions
Q54: Which of the following is false?<br>A)Carbon emissions
Q55: Pure public goods are:<br>A)completely nonrivalrous and excludable.<br>B)rivalrous
Q56: Build a case supporting the following claim:
Q57: A nonrivalrous good is:<br>A)one produced by a