Saving endangered species

A) benefits all people in society without any trade-off.
B) must involve the loss of another species.
C) may involve a trade-off in terms of the loss of other economic activities.
D) requires the government to list those species as common property.


Answer: C

Economics

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Suppose the people of Rhodia spend $70 and save $30 for every $100 they earn. In this case, the marginal propensity to consume equals _____

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In the long run, a monopolistically competitive industry is characterized by all of the following, except

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Economics