A market is unlikely to provide an efficient quantity of public goods because

a. only the government has the vast resources necessary to produce public goods.
b. the nature of public goods makes it difficult for producers to withhold them from nonpaying consumers.
c. the technology involved in the production of public goods makes it difficult for private firms to produce them even though they could be produced efficiently.
d. private production of public goods generally results in a large amount of profit, which is difficult for a firm to effectively pay out to shareholders.

B

Economics

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If the nominal interest rate is 5.6% and inflation rate is 2.4%, the real interest rate is ________

A) 4% B) 3.2% C) 6.4% D) 8%

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What role have remittances and direct foreign investment played in Guatemala, Costa Rica, and Honduras?

What will be an ideal response?

Economics