The provision of disabled-parking passes to those with disabilities often requires that more than enough spaces be available for those with disabilities.As a result,many of these spaces are vacant quite often when they could be used by able-bodied individuals.Such a situation illustrates the:
A)trade-off between efficiency and equity.
B)trade-off between efficiency and specialization.
C)ability of markets to provide efficient and equitable outcomes.
D)power of the market to provide for equilibrium outcomes.

Question

Quizplus · Accepted Answer

The provision of excess disabled-parking spaces for those with disabilities is an example of a trade-off between efficiency (having all the parking spaces occupied at all times) and equity (providing accommodations for those with disabilities). While it may lead to some inefficiency, it is considered equitable to provide those with disabilities the necessary accommodations.

The Provision of Disabled-Parking Passes to Those with Disabilities Often