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Sublight2097 Sublight2097
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9 years ago
The textbook cautions against speaking of "the people" as wanting a particular good
A) because it is not clear in what sense groups as distinct from individuals can ever have wants.
B) because people rarely know what they themselves really want.
C) because the wants of the people are relevant only in a democracy.
D) because assertions about "the people" confuse economics with politics.
E) unless the majority has clearly voted for it.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
9 years ago
Happy to assist!
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