| Economics question please help?
Why are bureaucracies often less efficient at producing public goods than private companies are?
I. Bureaucracies are shielded from incentives that help the market system achieve efficiency.
II. Bureaucrats choose to serve their own interest, which may or may not coincide with economic efficiency, and in particular, may lead to more public spending than the median voter would want.
III. Bureaucrats often fail to use cost-benefit analysis when making provisional decisions.
A. I only
B. II only
C. I, II, and III
D. I and II only | 
Linear Mode
