ECONOMICS
MARKET FAILURES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following statements involves a value judgement?
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The government must devote more resources to health care.
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More of a good is demanded at a lower price.
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The provision of public goods involves an opportunity cost.
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The higher the income, the higher the demand for a normal good.
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Explanation:
There is 1 question to complete.