According to Public Choice Theorists,people Behave Differently in the Market

question 6

Multiple Choice

According to public choice theorists,people behave differently in the market sector than in the public sector because

• A) the more people there are in the market sector the less influence they are able to exert,whereas the more people there are in the public sector the more influence they are able to exert.
• B) the fewer people there are in the market sector the less influence they are able to exert,whereas the fewer people there are in the public sector the more influence they are able to exert.
• C) self-interest is the motivating force in the market sector,whereas altruism is the motivating force in the public sector.
• D) altruism is the motivating force in the market sector,whereas self-interest is the motivating force in the public sector.
• E) institutional arrangements are different in the two sectors.

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Definitions:

Mass Entertainment

Forms of entertainment designed to appeal and be accessible to a large audience, including movies, television, concerts, and sporting events.

Corporate Consolidation

The process where companies merge or are acquired, leading to a reduction in the number of companies in an industry and often increasing the market power of the remaining firms.

Work Force

The total number of a country's population who are employed or actively seeking employment.

Union Movement

A social and political movement that advocates for the rights and interests of workers, often through the formation and operation of labor unions.