One important difference between the political process and the market process is that

a. the political process results in collective actions that maximize economic surplus while the market process may lead to efficiency losses.

b. the political process results in collective actions in which everyone is made better off while the market process results in actions that favor some groups only.

c. the political process results in collective actions in which not everyone is required to participate while in the market process individuals are obliged to participate.

d. the political process results in collective actions in which everyone is obliged to participate while in the market process individuals are free to participate or not.

Emil motycka is considered an entrepreneur because

What is the correct percentage of texas teachers charged with ethics violations each year?

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening. a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number. include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i. e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?