The Devices the Government Can Use to Achieve a More

question 45

Multiple Choice

The devices the government can use to achieve a more efficient allocation of resources in the presence of external benefits include all of the following except

• A)subsidies.
• B)patents.
• C)copyrights.
• D)taxes.
• E)vouchers.

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience.

Sales Process

A series of steps or stages followed by a salesperson or organization to sell a product or service effectively.

The Approach

The initial stage in the sales process where the salesperson makes first contact with the potential customer.

Prospecting

The method of finding possible customers, clients, or purchasers for the products or services offered by a business.