Justin Has Three Wives, and Several Children with Each Wife

question 115

Multiple Choice

Justin has three wives, and several children with each wife. Which type of mating system describes Justin's situation?

• A) polyandry
• B) monogamy
• C) polygyny
• D) polygynandry

---

Definitions:

Excess Burden

The economic loss that society suffers due to market inefficiencies or taxes beyond the collected tax revenue.

Economic Decisions

Choices made by individuals, firms, or governments regarding the allocation of scarce resources to satisfy needs and desires.

Principle of Neutrality

In economic policy, it suggests that decision-making and interventions should not favor any particular market outcome or resource allocation.

Economic Decisions

Choices made by individuals, businesses, or governments regarding the allocation of resources and the distribution of goods and services.