Multiple Choice
Some economists believe that giving Christmas gifts results in deadweight losses for gift recipients. Which of the following helps to explain this belief?
A) In many cases people would have chosen different gifts for themselves than the ones they received.
B) Economists have found that deadweight losses occur when people receive the same gifts from different people.
C) Many people resent receiving cash for presents rather than gifts.
D) Many people who give gifts do so because they feel they have to, not because they want to.
Correct Answer:
Verified
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