Which of the following is true about the market and public sectors?

Question

Quizplus · Accepted Answer

Competitive behavior, such as striving to offer better products and services or lowering prices, is present in both the market and public sectors. While the private sector relies more heavily on the price mechanism, individuals do not always pay for the goods and services they consume in the public sector, as funding may come from taxes or other sources. There is not necessarily more free choice for individual consumers in the public sector, as government regulations and policies may limit choices or options.

Which of the Following Is True About the Market and Public