Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Elizabeth Cady Stanton was an early leader of the woman's rights movement, writing the Declaration of Sentiments as a call to arms for female equality.
Answer:
The correct option is D: taking the cost into account because money spent on pollution reduction is not available for other worthy activities
Explanation:
According to Lawrence Summers analysis, every spend for healthcare needs to be beneficial to the economy at the lowest possible cost. Hence looking at it from his point of view, it would be more moral to reduce pollution, looking at the cost of doing this. This is because there are other aspects that need money and if this money is spent on pollution without considering other areas, then there would not be enough money available for other worthy activities.
Answer:
I am pretty sure is No pls comment if I got this wrong.