Which of the Ten Principles of Economics Does Welfare Economics

question 2

Multiple Choice

Which of the Ten Principles of Economics does welfare economics explain more fully?

• A)The cost of something is what you give up to get it.
• B)Markets are usually a good way to organize economic activity.
• C)Trade can make everyone better off.
• D)A country's standard of living depends on its ability to produce goods and services.

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