The theory of public choice suggests


The theory of public choice suggests that

a) the goods provided by? government, whether public or private? goods, are not scarce.

b) government agencies tend to be inefficient because the people running them do not understand the concept of opportunity cost.

c) you can lower your tax bill if you are careful not to consume too many government? resources, regardless of what your neighbors do.

d) government agencies tend to be inefficient because they are subject to institutional arrangements in which managers do not have an incentive to be efficient.

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Business Economics: The theory of public choice suggests
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