Which of the Following Is a Valid Reason for the Government

question 201

Multiple Choice

Which of the following is a valid reason for the government rather than the market to finance the provision of certain economic goods and services?

• A)​When the government provides economic goods, they are free; costs are incurred when such goods are provided by private firms.
• B)​Voters tend to be better informed than market consumers are.
• C)​Decision makers in the market sector are motivated by self-interest, whereas political decision makers are primarily motivated by altruism (the desire to help others).
• D)​Public goods tend to be undersupplied through the market since it is difficult for potential suppliers to withhold such goods from nonpaying consumers; the government can use taxes to overcome this problem of nonpayment.

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Definitions:

Campaign Objectives

The specific goals that a marketing campaign aims to achieve, such as increasing brand awareness, generating sales, or launching a new product.

Deceased Celebrities

Famous individuals who have passed away but continue to impact culture and may be used in marketing strategies.

John Wayne

An iconic American film actor famous for his roles in Western and war movies, symbolizing rugged masculinity.

Fred Astaire

An iconic American film and Broadway stage dancer, singer, and actor, renowned for his influential contributions to the world of dance and entertainment.