Which Approach to Jurisprudence Is Based on Choosing Alternatives That

question 22

Multiple Choice

Which approach to jurisprudence is based on choosing alternatives that maximize benefits and minimize costs,and is tied to the pursuit of efficiency?

• A) Cost-benefit analysis
• B) Legal realism
• C) Historical school
• D) Legal positivism
• E) Executive positivism

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Definitions:

Sufficient Resources

The availability of adequate resources (including time, money, and manpower) to achieve a particular goal or complete a project.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world with limited resources.

Scarcity

A situation where limited resources are insufficient to satisfy all wants and needs.

Unlimited Income

A theoretical concept indicating there is no upper limit to an individual's or entity's income.