The Outcome from a Voucher Scheme Is Efficient When the Government

question 7

Multiple Choice

The outcome from a voucher scheme is efficient when the government makes the value of the voucher equal to

• A)marginal external cost.
• B)marginal external benefit.
• C)private external cost.
• D)private external benefit.
• E)marginal social cost.

---

Definitions:

Business Messages

Refers to written or electronic communication tailored for and circulated within a professional setting, aimed at conveying specific objectives or information related to business activities.

Direct Order

A command or instruction given with clear and definitive terms, leaving no room for ambiguity or discretion.

Direct Order

A clear, concise instruction or command that leaves no room for misunderstanding or interpretation.

Good-news Messages

Communications that convey positive information, congratulations, or favorable outcomes, often intended to build goodwill.