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:

Branches

Instructions within a programming or control logic context that cause the execution flow to diverge based on certain conditions.

Output Instruction

In PLC programming, an Output Instruction is used to control the state of an output based on the logic implemented in the program.

Program Rung

A horizontal row in a ladder logic program, representing a basic control circuit where conditions lead to actions.

Continuously On

Refers to an electrical circuit or device state where power is supplied without interruption, maintaining an active or energized condition indefinitely.