The View That Consumers Do Not Always Know What Is

question 241

Multiple Choice

The view that consumers do not always know what is best for them,and that the government should encourage them to modify their behavior,is known as ________.

• A) the welfare state
• B) paternalism
• C) consumer sovereignty
• D) equity-efficiency trade-off

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Definitions:

After-School Activities

Programs and structured activities that children and adolescents participate in outside of the regular school curriculum, often aimed at developing specific skills or interests.

Academic Achievement

The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.

Social Competence

The ability to handle social interactions and relationships effectively, including understanding and responding appropriately to social cues.