Because a public good creates benefits everyone shares, individuals are generally very willing to bear the cost of providing the good.

Name: Because a public good creates benefits everyone shares, individuals are generally very willing to bear the cost of providing the good.
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Question

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Public goods often suffer from the free-rider problem, where individuals are not willing to voluntarily pay for the good since they can benefit from it without contributing to its cost.

Because a Public Good Creates Benefits Everyone Shares, Individuals Are