Which of the Following Statements Is True

question 142

Multiple Choice

Which of the following statements is true?

• A)When the forces of supply and demand determine for whom goods are produced in a society,an equitable distribution of income will naturally result.
• B)An external cost will occur when some of the benefits derived from production of some good or service are enjoyed by a third party.
• C)One of the roles of our government is to transfer some income from the rich and the middle class to the poor.
• D)According to most economists' definition of competition,the American economy is very competitive.

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Definitions:

Appeals

are requests for a change in decision or support, often made in a persuasive manner to elicit a desired response from the audience.

Sales Messages

Sales messages are communications designed to persuade an audience to purchase a product or service, emphasizing benefits and value to the consumer.

Scenario Painting

Scenario painting involves creating detailed and vivid descriptions of situations or possible outcomes to help in analysis or decision-making processes.

Tangible Rewards

Physical or material rewards given as recognition for an accomplishment or behavior.