Solved

Market Allocation and the Political Process Differ in That

Question 189

Multiple Choice

Market allocation and the political process differ in that


A) competition is present in the market sector but not in the political sector.
B) scarcity is a constraint in the market sector but not the political sector.
C) there is a one-to-one link between payment for and receipt of a good in the market sector, but this is often not true in the political sector.
D) in the political sector, voters have a strong incentive to acquire information that will help them make better decisions, but in the market sector, consumers do not have much incentive to acquire information.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents