The government receives all of the beneﬁts associated with the production of a public good.

Question

Quizplus · Accepted Answer

The government does not receive all of the benefits associated with the production of a public good. Public goods are non-excludable, meaning that once they are provided, everyone can use them regardless of whether they helped pay for them or not. Therefore, the benefits are shared among all individuals who use the public good. The government may provide public goods for the benefit of society as a whole, but they do not receive all of the benefits themselves.

The Government Receives All of the Beneﬁts Associated with the Production