It Is Inefficient for the Government to Charge a Price

question 61

Multiple Choice

It is inefficient for the government to charge a price for consuming a good,such as weather forecasts,because ________.

• A) too many forecasts will be produced
• B) the price cannot be set to cover all research costs
• C) no one will be willing to pay for these forecasts
• D) the marginal cost of providing this information to another consumer is zero

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Definitions:

Syntactic Structure

relates to the arrangement of words and phrases to create well-formed sentences in a language.

Semantics

The branch of linguistics concerned with the meanings of words and language, including how meaning is structured and understood.

Comprehension

The ability to understand and make sense of text, speech, or any form of communication, capturing its meaning and implications.

Sound

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.