A government that uses a bureau rather than a private firm to provide some good or service
A) may have less opportunity for officials and legislators to reward friends and supporters with jobs
B) will always incur higher costs of production
C) will lose the ability to make decisions via the hierarchy of the market
D) may be better able to control details of production
E) will not be able to sell the good or service after it is produced
Correct Answer:
Verified
Q111: Government bureaus, unlike private firms,
A)derive their revenue
Q112: Budget maximization by bureaus leads to
A)efficient budgets
B)budgets
Q113: If the legislature has a line-item veto
Q114: If managers of a private corporation perform
Q115: Because of the free-rider problem, it is
Q117: Private firms and public bureaus differ in
Q118: Which of the following is not a
Q119: Which of the following would be considered
Q120: In response to the threat of budget
Q121: Taxing people according to their marginal valuations
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