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39. The Second Great Awakening was an early 19th Century evangelical Christian movement in the United States, which sought, among other things, to reduce alcoholism,

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39. The Second Great Awakening was an early 19th Century evangelical Christian movement in the United States, which sought, among other things, to reduce alcoholism, which many Christians viewed as destructive to family life and work productivity. Which market failure were these Christians seeking to correct? A The Public Goods game. ( ) (B) Positive Externalities. (C) Rational Ignorance. ) (D Negative Externalities. 40. Seven friends go out for dinner at a fancy restaurant, and agree, beforehand, to split the bill equally. Each person can do one of two things: a) Eat a cheap meal b) Eat an expensive meal What is this game's Nash equilibrium? Everyone purchases the expensive meal C ( ) (B) Everyone purchase the cheap meal ( ) Only one person purchases the cheap meal ) (D Only one person purchases the expensive meal

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