Which of the following statements is true?
a. Markets respond to consumer preferences, whereas government responds only to societal preferences. Markets keep costs low because producers desire to please people regardless of cost.
b. Government keeps costs low because it has a moral obligation to voters.
c. It is safe to assume that government will do what is best for society, whereas markets do what is best for business owners.
d. The lack of the profit motive encourages supervisors in government agencies to make decisions concerning employees on the basis of issues other than merit.