If All Voters in a Particular Political District Have Individual

question 89

Multiple Choice

If all voters in a particular political district have individual reservation prices less than the total cost of a public good (a park) ,then

• A) the government should build the park.
• B) some sort of collective action by voters will be necessary to fund the park.
• C) a private firm will appear with the proposal to build the park.
• D) the park will never be built.
• E) by definition,the benefit of the park is less than the cost and thus the park should not be built.

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Definitions:

Internal Locus

The belief that one has control over their life events and outcomes, as opposed to external forces having that control.

Intrinsic Motivation

A drive to engage in activities for their own sake, where the activities are inherently enjoyable or satisfying without any external reward.

Process

A series of actions or steps taken to achieve a particular end.

Stimulus Motive

Innate tendencies that prompt individuals to engage in behaviors without being aware of the reason for doing so, driven by external stimuli.