Laws are efficient if they
A)Uphold absolute property rights
B)Restrict all undesirable action like polluting
C)Work to equate the marginal benefits and marginal costs of behavior
D)Help maximize total benefits of behavior
E)Impose no costs on citizens

Question

Quizplus · Accepted Answer

Efficient laws aim to balance the marginal benefits and marginal costs of behavior, ensuring resources are allocated optimally without unnecessary waste or inefficiency.

Laws Are Efficient If They