Which of the Following Statements Is Correct

question 83

Multiple Choice

Which of the following statements is correct?

• A) It is paradoxical that people can be made better off by requiring them to do something that they would choose to do voluntarily.
• B) It is paradoxical that people cannot be made better off by requiring them to do something that they would choose to do voluntarily.
• C) Even though none contribute voluntarily, all would agree to be taxed as long as everyone else is also taxed.
• D) Even though everyone contributes voluntarily, no one would agree to be taxed if everyone else is not taxed.

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Definitions:

Economic

Pertaining to the production, distribution, and consumption of goods and services, or the material welfare of humans.

Political

Relating to the government or public affairs of a country.

National

Pertaining to or characteristic of a whole nation or country, as opposed to local or regional characteristics.

Market Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing strategies.