Which of the following questions is an example of institutional arrangements?
A) Why does the government allow only one utility company to deliver electricity in an area?
B) Why do most committees make their decisions by a simple majority vote?
C) Why can't consumers in Washington state buy locally grown apples?
D) All of the answers is correct
E) None of the answers is correct

Question

Quizplus · Accepted Answer

All the provided options (A, B, C) are examples of institutional arrangements because they each involve rules or systems established by organizations, governments, or societies to structure human interactions and activities. Option A involves government regulation of utilities, option B involves decision-making processes within committees, and option C involves regulations affecting the sale of goods, all of which are institutional arrangements.

Which of the Following Questions Is an Example of Institutional