2
answers
0
watching
51
views
11 Dec 2019
Which of the following is not a difference between market and collective decision-making?
A. Government goods are costless to produce, while private goods have production costs.
B. Government goods are often provided free of charge, while market goods have a price.
C. The government can use expropriation to extract payments, but private firms cannot.
D. Money payments can signal intensity of desire for a product, but voting cannot.
Which of the following is not a difference between market and collective decision-making?
A. Government goods are costless to produce, while private goods have production costs.
B. Government goods are often provided free of charge, while market goods have a price.
C. The government can use expropriation to extract payments, but private firms cannot.
D. Money payments can signal intensity of desire for a product, but voting cannot.
2
answers
0
watching
51
views
For unlimited access to Homework Help, a Homework+ subscription is required.
teacherrecoLv10
24 Aug 2023
Mahe AlamLv10
12 Mar 2021
Already have an account? Log in