In Which of the Following Ways Is the Private Market

question 96

Multiple Choice

In which of the following ways is the private market sector similar to the public sector in terms of decision making?

• A) Prices determine the demand for goods and services in each sector.
• B) There is competition for scarce resource in both sectors.
• C) Both sectors may use a type of "force" if necessary.
• D) Votes by individual voters are basically equal in importance with dollars spent by individuals on goods.

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Definitions:

Copula

A linking verb in a sentence, often a form of "to be", connecting the subject to a subject complement.

Non-categorical

Pertains to statements or propositions that do not fit neatly into predefined categories or classifications.

Copula

A verb used to link the subject of a sentence with a predicate (a subject complement), such as the verb "to be."

Standard Form

A conventionally agreed-upon format for presenting arguments or expressions to simplify identification and analysis of logical structure.