Which of the Following Factors Weakens the Case for Private-Sector

question 137

Multiple Choice

Which of the following factors weakens the case for private-sector provision of goods and services relative to public-sector provision?

• A) externalities
• B) the rational-ignorance effect
• C) the shortsightedness effect
• D) well-informed consumers

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Definitions:

Superiors

Individuals in a higher position or rank within an organization, having authority over others in lower positions.

Organic Organizations

Flexible and adaptive organizational structures that are characterized by decentralized decision-making, wide spans of control, and less formal hierarchy.

Network Structure

An organizational layout where groups or individuals work independently but remain connected through a web of relationships.

Control

The power to influence or direct people's behavior or the course of events.