Private firms and public bureaus differ in that:
A) private firms have more incentive to act on consumer feedback.
B) private firms have less incentive to eliminate waste and inefficiency.
C) private firms are usually financed by government appropriations, while bureaus cover their costs if enough people buy their products.
D) private firms do not have a profit incentive to satisfy consumer wants but bureaus have a profit incentive to satisfy consumer.
E) ownership is not transferable in private firms, while ownership is transferable in bureaus.
Correct Answer:
Verified
Q92: Filing a fraudulent income tax return that
Q124: Which of the following activities constitute tax
Q129: Budget maximization by bureaus results in:
A)a larger
Q131: The underground economy describes:
A)all market activity that
Q143: Suppose Woody wants to buy a boat.Since
Q148: Which of the following is true of
Q159: Raising tax rates _
A)provides an added incentive
Q163: The basic difference between government bureaus and
Q168: A widely held theory of bureaucratic behavior
Q176: If the managers of a private firm
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents