Question 47 1 pts Consider the diagram below, which illustrates the transportation market of the United States with two different technologies, water transport (w) and railroad transport (rr). The marginal costs of each are depicted. The demand curves for transportation services in 1820 and 1890 are both depicted. P, MC $11 $10 MCw $9 $8 $7 $6 $5 $4 $3 M Crr $2 D1890 $1 D1820 $0 Q 0 28 8 8 8 8 8 8 8 1,100 All else equal, find the social savings to the American economy in 1890 from railroads.Question 26 1 pts "The diagram below shows that high settler mortality caused low institutional quality in the 20th century (as proxied by the protection against risk of expropriation index)." 10 USA NZL CAN AUS SGP IND GME 8 BRA GAB ION MERTIS MLT COL' JAM ZAF GIN Average protection against expropriation risk, 1985-95 GHA 6 ET SUCK LKA RISEN BER SLE NGA HND NIC AGO BEA NER COG BEA MDG SDN MLI HTI ZAR 4 Log of Settler Mortality FIGURE 3. FIRST-STAGE RELATIONSHIP BETWEEN SETTLER MORTALITY AND EXPROPRIATION RISK O True O False