When the Government Both Provides a Service and Covers Its

question 115

Multiple Choice

When the government both provides a service and covers its costs through taxation,

• A) the government has a strong incentive to supply consumers with desired goods at a low cost.
• B) consumers are in a weak position to either discipline the suppliers or alter the quantity or quality of the service provided.
• C) the invisible hand will direct decision makers toward the most efficient level of output.
• D) Consumers have strong incentive to be cost conscious.

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Definitions:

Restriction Enzyme

Type of enzyme that cuts DNA at a specific sequence.

DNA Nucleotide Sequences

The precise order of nucleotides (adenine, thymine, cytosine, and guanine) in a segment of DNA, which determines genetic information.

Ti Plasmid

A plasmid found in the bacterium Agrobacterium tumefaciens, used in genetic engineering to transfer genes to plant cells.

Agrobacterium Tumefaciens

A species of bacteria that is known for its ability to transfer DNA to plants, causing plant tumors (galls). It is used in genetic engineering to create genetically modified plants.