Economic theory implies that the incentive for a manager of a publicly operated firm (for example, a state university or the post office) to promote internal efficiency of their operations would be

a. strong because inefficiency is easily detected and leads to the loss of voter support.
b. strong because public officials are unconcerned about personal gain.
c. weak because government employees are less educated than employees who work in the private sector.
d. weak because it is difficult for voters to detect inefficiency and for public officials to gain from actions that would improve the efficiency of government.


D

Economics

You might also like to view...

Most of the growth in living standards over the last ten years can be attributed to growth in labor force participation

a. True b. False

Economics

The CPI in year one equaled 1.45. The CPI in year two equaled 1.51. The rate of inflation between years one and two was ________ percent.

A. 4.0 B. 6.0 C. 4.1 D. 4.5

Economics

Refer to the above figure. A long-run equilibrium in monopolistic competition is pictured by

A. Panel A. B. Panel B. C. Panel C. D. Panel D.

Economics

Which of the following is explained by the law of diminishing marginal utility?

A) The marginal utility of Isabel's second bottle of Coca-Cola is greater than the marginal utility of her third bottle of Coca-Cola. B) The marginal utility of Isabel's second bottle of Coca-Cola is greater than the marginal utility of her third pretzel. C) The marginal utility of Isabel's second bottle of Coca-Cola is greater than the marginal utility of her friend Margie's third pretzel. D) The total utility of one bottle of Coca-Cola is greater than the total utility of two bottles of Coca-Cola.

Economics