Public sector in terms of decision making

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In which of the following ways is the private market sector similar to the public sector in terms of decision making?

Prices determine the demand for goods and services in each sector.

Votes by individual voters are basically equal in importance with dollars spent by individuals on goods.

Both sectors may use a type of "force" if necessary.

There is competition for scarce resource in both sectors.

Reference no: EM131102188

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