For Certain Public Projects Such as Building a Dam on a River

question 5

Multiple Choice

For certain public projects such as building a dam on a river or a bridge to an island,what procedure is a government likely to use to determine what quantity of a public good should be supplied?

• A) It conducts public surveys to determine if consumers want the product.
• B) It hires economists to estimate the market demand for the product.
• C) It takes a vote in Parliament.
• D) It evaluates the costs and benefits of producing the good.

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Definitions:

Thermoregulatory Center

The part of the brain that regulates body temperature, located in the hypothalamus.

Sensory Receptors

Specialized cells or nerve endings that respond to changes in the environment by converting energy from stimuli into nerve impulses.

Hollow Interior

Refers to the inner empty space or cavity within an organ or structure.

Filter Blood

The process of removing waste products and excess substances from the bloodstream, primarily performed by the kidneys.