Which of the Following Is an Activity of Government That

question 15

Multiple Choice

Which of the following is an activity of government that is not an activity of private firms?

• A) Enforcing involuntary transactions.
• B) Paying equitable wages.
• C) Creating positive externalities.
• D) Pursuing economic efficiency.

---

Definitions:

Private-Sector Employees

Refers to individuals who are employed by businesses or organizations that are not owned or operated by the government.

Robinson-Patman Act

A 1936 United States law aimed at preventing unfair competition and price discrimination by requiring sellers to offer the same price terms to all buyers.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or to different buyers.

Regulated Monopolies

Companies that are the sole provider of a product or service in a market, but their operations are regulated by government entities to ensure fair practices.