It May Be Preferable for Government to Intervene to Impose

question 23

Multiple Choice

It may be preferable for government to intervene to impose a public standard rather than let a private,de facto standard be determined through competition because:

• A)Governments are superior to markets in selecting the best technology
• B)A private,de facto standard can take a long time to become established,thereby delaying the adoption of a new technology
• C)Competition is always wasteful
• D)De facto standards tend to be set by US companies

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Definitions:

Mental Age

A measure of an individual's mental ability expressed as the age at which an average individual reaches the same ability.

IQ

An abbreviation for Intelligence Quotient, a score derived from standardized tests designed to measure human intelligence and cognitive abilities.

Adaptive Behavior

Behaviors or skills that enable individuals to meet their needs, comply with societal norms, and maintain a level of independence across various environments.

Intellectual Disability

A state defined by major restrictions in cognitive capabilities as well as in adaptive behavior, encompassing a wide array of social and daily life skills.