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Jayshree Garodia
on Dec 11, 2024

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Which of the following factors weakens the case for private-sector provision of goods and services as opposed to public-sector provision?

A) weak incentives for operational efficiency
B) rent-seeking
C) the shortsightedness effect
D) externalities

Private-sector Provision

Services or goods provided by businesses owned by individuals or shareholders, rather than by the government.

Public-sector Provision

Involves services and goods provided by the government or public entities to ensure welfare and infrastructure availability to the public.

Rent-seeking

The practice of gaining wealth without creating new wealth, typically through manipulating the social or political environment in which economic activities occur.

  • Identify factors that weaken the case for private vs. public sector provision of goods and services, including externalities and the shortsightedness effect.
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weston symesDec 11, 2024
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