Which of the Following Is True of the Specificity Rule

question 49

Multiple Choice

Which of the following is true of the specificity rule?

• A)The specificity rule suggests that tariffs should be imposed only on specific products.
• B)According to the specificity rule, government policy should target as closely as possible the source of the distortion that separates private and social benefits (or costs).
• C)The specificity rule posits that tariff imposed on a good favors only the interests of a specific group within a country.
• D)According to the specificity rule, only specific industries should be allowed to participate in government lobbying.

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Definitions:

Activity Performed

A term that broadly refers to any actions or tasks completed during a process or project.

Activity-based Performance Measures

Metrics that evaluate the efficiency and effectiveness of specific actions or processes within an organization.

Feedback

Feedback is information provided about the result of an action or process, which can be used for further improvement and adjustment.

Quality Costs

Expenses incurred to prevent, detect, and correct defects in products or services, including costs of warranty and rework.