According to Work by Amartya Sen, the Best Way from a Society's

question 93

Multiple Choice

According to work by Amartya Sen, the best way from a society's point of view to deal with inalienable rights is to:

• A) tax their sale to raise revenue since demand for them is inelastic.
• B) sell them when the marginal benefit exceeds the marginal cost.
• C) purchase them when the marginal benefit exceeds the marginal cost.
• D) disallow any markets for their exchange.

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Definitions:

Nature

The physical world and everything in it that is not made by humans, including plants, animals, landscapes, and other features or products of the earth.

Organization

An arranged and structured collective of people with a particular purpose, such as a business or government department.

Public Service Motivation

The inclination or desire to contribute to the well-being of society through work in the public sector or through voluntary service.

Goal Theories

Theories that focus on how setting goals influences behavior and outcomes.