According to Public Choice Theorists,people Behave Differently in the Market

question 6

Multiple Choice

According to public choice theorists,people behave differently in the market sector than in the public sector because

• A) the more people there are in the market sector the less influence they are able to exert,whereas the more people there are in the public sector the more influence they are able to exert.
• B) the fewer people there are in the market sector the less influence they are able to exert,whereas the fewer people there are in the public sector the more influence they are able to exert.
• C) self-interest is the motivating force in the market sector,whereas altruism is the motivating force in the public sector.
• D) altruism is the motivating force in the market sector,whereas self-interest is the motivating force in the public sector.
• E) institutional arrangements are different in the two sectors.

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Definitions:

Highway Tractor

A type of truck designed primarily for the transportation of goods over long distances on highways.

Loaded Trailer

A trailer that is carrying cargo or load, as opposed to being empty or unloaded.

Trailer Suspension

The system of springs, shock absorbers, or air bags that supports the load and improves the ride of a towed trailer.

Kingpin Bushing

A component in a vehicle's steering mechanism that provides a pivot point for the steering knuckle, ensuring smooth turning.