Anarchists and Libertarians Believe in The

question 14

Multiple Choice

Anarchists and libertarians believe in the:

• A) least role for government.
• B) most important part of human life.
• C) expansion of government public policies.
• D) need for government intervention in society.

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Definitions:

Marginal Analysis

The comparison of marginal (“extra” or “additional”) benefits and marginal costs, usually for decision making.

Marginal Benefits

The uplift in utility or enjoyment gained through consuming or producing an added unit of a good or service.

Marginal Costs

The added cost incurred when one more unit of a good or service is produced.

Marginal Benefit

The additional pleasure or utility gained when one more unit of a good or service is consumed.