Suppose a Policy Change Will Generate $180,000 of Benefits for Low-Income

question 36

Multiple Choice

Suppose a policy change will generate $180,000 of benefits for low-income families and $150,000 of costs for high-income and middle-class families. This change can best be described as

• A) inefficient.
• B) Pareto efficient.
• C) potentially efficient.
• D) equitable.

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Definitions:

Line Positions

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Authority

The legitimate power or right granted to an individual or entity to make decisions, give orders, and enforce obedience.

Executive Marketing Officer

A top-level executive responsible for the overall marketing strategies and efforts of an organization.

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The process of assessing the effectiveness and impact of marketing strategies and activities.