Which of the Following Is True

question 177

Multiple Choice

Which of the following is true?

• A) Competitive behavior is present in the market sector but not in the public sector.
• B) Because candidates for public office represent a bundle of views, there is more ability for individuals to make their preferences count on specific issues than in the market sector.
• C) When decisions are made democratically, the economic and political power of all individuals will be equal unlike in the market sector.
• D) The reality of the aggregate consumption-aggregate payment link imposed by scarcity is present in both the market and public sectors.

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Definitions:

Customer Service

The support and guidance offered by a business to individuals who purchase or utilize its goods or services.

Going The Extra Mile

When a company gives customers small extra products or services as a way of showing appreciation for their business.

Word "Policy"

A set of guidelines or principles that govern decisions and actions within an organization.

Purchasing Product

The act of acquiring goods or services in exchange for money.