Question 21

Not yet answered

Marked out of 3.00

Remove flag

Question text

What is meant by economic feasibility?

Select one:

a.

Policies that solve the problem must be possible to implement in practice.

b.

A feasible policy must be able to make someone better off without making anyone else worse off.

c.

Policies that would solve the problem and are politically acceptable.

d.

For a policy to have economic feasibility, it must produce a Nash equilibrium and sustain a fair and efficient outcome.