Which of the Following Is Not an Argument for Private

question 5

Multiple Choice

Which of the following is not an argument for private sector production of collective consumption goods?

• A)The good might only be a collective consumption good because of current government production.
• B)Private sector production provides information about consumer preferences about the good.
• C)The private sector has lower pay scales then government,lowering overhead costs.
• D)Taxes used to finance government production produce deadweight losses.

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Definitions:

Cones

Retinal receptor cells that are concentrated near the center of the retina and that function in daylight or in well-lit conditions. The cones detect fine detail and give rise to color sensations.

Periphery

The external boundary or surface of an area or object, or those areas that lie beyond the central or main part.

Dilation

The process of expansion or widening in size, often referring to the enlargement of the pupil or blood vessels.

Retina

A light-sensitive layer at the back of the eyeball containing cells that convert light into neural signals for vision.