For Activities in Which the Benefits Are Concentrated and the Costs

question 200

Multiple Choice

For activities in which the benefits are concentrated and the costs widespread, governments are likely to undertake

• A) too little of these activities relative to what would be efficient.
• B) too much of these activities relative to what would be efficient.
• C) exactly the amount of these activities that would be efficient.
• D) none of these activities.

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Definitions:

Promotion

The advancement of an employee to a higher job position or rank within the organization, often accompanied by increased responsibilities and salary.

Norm of Reciprocity

A social rule suggesting that people should repay, in kind, what another person has provided for them; this is the basis for the exchange of goods, services, and acts of kindness.

Perceived Support

The extent to which individuals believe that their social network provides love, care, esteem, and assistance.

Organization Achieve

The successful accomplishment of goals and objectives by a group or an entity, often through effective planning, leadership, and management.