Which of the following explains what would likely happen if public goods were marketed like private goods?
A. Many consumers would want to buy the goods.
B. Government failure would result.
C. Public goods would be overproduced.
D. Public goods would be underproduced.
Answer: D
Economics
You might also like to view...
What is the opportunity cost of investing $10,000 of your own money in a business you wish to start?
What will be an ideal response?
Economics
A proportional income tax is a tax for which the total amount paid does not increase with income
Indicate whether the statement is true or false
Economics