According to work by Amartya Sen, the best way from a society's point of view to deal with inalienable rights is to:
A) tax their sale to raise revenue since demand for them is inelastic.
B) sell them when the marginal benefit exceeds the marginal cost.
C) purchase them when the marginal benefit exceeds the marginal cost.
D) disallow any markets for their exchange.
Correct Answer:
Verified
Q83: "The consumer is sovereign. Businesses produce what
Q84: For government to correct for the failure
Q85: Critics of advertising sometimes argue that the
Q86: "People are at war with themselves. Part
Q87: Governments that impose sin taxes on goods
Q89: According to standard economic theory, rational individuals:
A)
Q90: Which of the following programs would redistribute
Q91: Cannibalism is illegal. What issue in the
Q92: If the demand for cigarettes is inelastic,
Q93: People who believe that consumer sovereignty is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents