An Inefficient Allocation of Resources Will Occur When

question 13

Multiple Choice

An inefficient allocation of resources will occur when:

• A) decisionmakers are faced with the costs and benefits of their actions.
• B) there are clearly defined property rights.
• C) no alternative exists that would increase the welfare of society.
• D) decisionmakers are not faced with the benefits and costs of their choices.

---

Definitions:

Reader's Attention

The focus or interest of the reader that a writer aims to capture and maintain throughout their writing.

Dialectic Approach

A method of argument for resolving disagreement that involves the exchange of arguments and counter-arguments.

Indirect Approach

A communication strategy where the main point is not presented directly at the beginning.

Discretionary Approach

A method or strategy that allows for flexibility and personal judgment in decision-making processes.