A Difference Between the Market and the Public Sector Is

question 84

Multiple Choice

A difference between the market and the public sector is that

• A) scarcity exists only in the market sector.
• B) government can use force, while the market does not.
• C) we can only vote in the public sector.
• D) the cost of private goods to society is zero.

---

Definitions:

Questionnaire

A research instrument consisting of a series of questions for the purpose of gathering information from respondents.

Data

Refers to qualitative or quantitative variables collected for analysis and used to make decisions or conclusions.

Findings

Conclusions or results discovered from research, experiments, or inquiries, regarded as significant insights or evidence.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation.