Which of the following is not an incentive bureaucrats have to increase the size of their budgets?
a. They can increase their income by having a higher budget.
b. Increased budgets mean more power and prestige.
c. Higher budgets are necessary to maximize scale efficiencies.
d. A nice working environment is positively correlated with a higher budget.
ANSWER
c
Place an order in 3 easy steps. Takes less than 5 mins.