In the Case of a Private Good, Which of the Following

question 190

Multiple Choice

In the case of a private good, which of the following forms of economic organization will result in the strongest incentive for consumers and producers to economize?

• A) The good is produced privately and taxes are used to provide it to consumers free of charge.
• B) The good is produced privately and consumers purchase it with their own money.
• C) The good is produced by government enterprises and the cost of its production is covered by taxes.
• D) The good is produced by government enterprises and consumers purchase it with their own money.

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Definitions:

Millad NX8000

A highly efficient clarifier used in the production of transparent polypropylene plastics, enhancing clarity and physical properties.

Acetonide

An acetonide is a ketal formed from the diol (a molecule with two hydroxyl groups) and acetone, often used as a protective group in organic synthesis.

1,2,4,5-tetrahydroxybenzene

A benzene ring substituted with four hydroxyl groups at the 1, 2, 4, and 5 positions, known for participating in complex chemical reactions.

Dependent Variable

The variable in an experiment or model that is expected to change in response to changes in independent variables.