Which of the Following Is Necessary for Competition in the Political

question 35

Multiple Choice

Which of the following is necessary for competition in the political marketplace to result in the production of the efficient amount of a public good?

• A) bureaucrats practice self-interest
• B) well informed voters and political parties
• C) rational ignorance
• D) maximum differentiation of political competitors
• E) Answers A, B and D are correct.

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Definitions:

Growth Mindset

The belief that abilities and intelligence can be developed through dedication, hard work, and the embrace of challenges.

Fixed Mindset

A belief that one's abilities, intelligence, and talents are fixed traits, which can limit growth and learning potential.

Fixed Mindset

The belief that abilities, intelligence, and talents are fixed traits and cannot be significantly developed.

Growth Mindset

A belief that abilities and intelligence can be developed through dedication and hard work, embracing challenges, and seeing failure as a path to mastery.