In Which of the Following Cases Do Meddlesome Preferences Interfere

question 102

Multiple Choice

In which of the following cases do meddlesome preferences interfere with standard economic reasoning?

• A) In a poor economy, the diet is very low in protein, and plenty of stray dogs abound. Sellers realize that dog meat would be profitable and deliver the protein needs of the people, but don't sell it because the animal rights society issued a ban against eating dogs.
• B) Thousands of people are on the wait list for kidneys. However, the government does not allow the sale of kidneys even though people can survive very well with one kidney.
• C) In poor countries, workers between the ages of 13 to 16 bring much-needed income to households. However, due to child labor laws in the richer countries, export industries in poor countries cannot hire these workers, leading to the poor getting poorer.
• D) Each of these cases provides an example of meddlesome preferences.

Understand the concept of graphical representation of equations.

Convert between Celsius and Fahrenheit temperature scales and understand the underlying linear relationship.

Interpret the slope and intercept in the context of a given real-world problem.

Understand and apply the compound interest formula for both accumulation and discounting.

---

Definitions:

Pierre Puvis De Chavannes

A French painter known for his murals which combine classical simplicity with modern allegorical themes, contributing significantly to Symbolist art.

Statuesque Figures

Figures sculpted or represented in a way that resembles a statue, often depicted with idealized forms and striking poses.

Tranquil Landscape

Artworks depicting serene and peaceful natural settings, often used to evoke a sense of calm and contemplation.

Spatial Discrepancies

Variances or inconsistencies in the representation of space, particularly in art or architecture, which can lead to a distorted perception of depth and volume.