1.Describe the term Market Allocation.
2.Explain how maximizing utility is not the same as being selfish
3.Chapter 1 is entitled Who feeds Paris? The answer to the question is everybody. Please explain how every one feeds Paris
4.Explain creative destruction.
5.Explain externalities and describe the government’s solution to them.
2.Explain how maximizing utility is not the same as being selfish
3.Chapter 1 is entitled Who feeds Paris? The answer to the question is everybody. Please explain how every one feeds Paris
4.Explain creative destruction.
5.Explain externalities and describe the government’s solution to them.