Which of the Following Scenarios Would Support the Theory of Public

question 24

Multiple Choice

Which of the following scenarios would support the theory of public choice?

• A)The governor of the state vetoes a highway bill even though the highway would enhance the value of property he or she owns.
• B)The local police chief fails to give the mayor a speeding ticket because the mayor might fire him.
• C)The president of Colombia goes after drug traffickers despite death threats and the offer of bribes that could make him a rich man.
• D)A college president eliminates wasteful departments and programs even though this will shorten her tenure and her political future.

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Definitions:

Labor Resource Market

The market in which individuals offer their labor to employers in exchange for wages.

Substitute Input

An alternative resource or material used in the production process that can replace another in response to changes in market conditions or prices.

Tablet-Computer Industry

The sector of the tech industry that designs, manufactures, and sells tablet computers, a type of portable computing device.

Productivity Increase

A rise in the efficiency of production, often measured by the quantity of goods and services produced with a given amount of inputs in a specific time period.