To Properly Justify the Governmental Provision of a Public Good,it

question 11

Multiple Choice

To properly justify the governmental provision of a public good,it must be the case that the __________ and that __________.

• A) good is indeed a public good;is the only necessary requirement
• B) benefit exceeds the cost;no private provider exists
• C) voters desire the good;no new taxes will be needed
• D) benefit exceeds the cost;is the only necessary requirement
• E) benefit exceeds the cost;all voters value the good equally

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Definitions:

Mate Selection

The process by which individuals choose their partners based on various factors including, but not limited to, physical attractiveness, personality traits, and socio-economic status.

Mere Exposure Effect

A psychological phenomenon where people tend to develop a preference for things merely because they are familiar with them.

Initially Disliked

Refers to a negative first impression or initial negative feelings towards a person, object, or idea.

Stimulus

Any object, event, or factor that can evoke a response or reaction from an organism or a system.