New Zealand is one of the most Capitalist countries in the world. Madagascar is a largely Socialist economy. The two countries do, however, have the same national sport: something called Rugby Union. (The details of the sport need not concern us; you don't have to know anything about Rugby Union other than what's contained in this question to answer this question successfully. Indeed, the instructor knows nothing about Rugby Union except what is written in this question.) One of the defining characteristics of a Rugby Union game or match or whatever it's called is that it can last for many hours or even days. You must clearly label the parts of your answer as a, b, and c. Answers not labeled as such will receive 0 credit.

a. Identify the most-important characteristics of a Capitalist economic system. Compare and contrast those with the most-important characteristics of a Socialist economic system.

b. Based on the information given, which country is more likely to decide to shorten the length of a Rugby Union match, ceteris paribus? Explain your answer.

c. Explain the role of ceteris paribus in your answer to part b. That is, why is it necessary to qualify your answer with the phrase ceteris paribus?