Why are public goods provided by the government, rather than by the private sector?
A) Because they are large-scale projects that require the kind of financing only governments can generate through the issuance of bonds.
B) Because it would be difficult for a private sector firm to make a profit providing a public good, as the consumers who benefit would not have to pay for it.
C) Because no one really benefits from public goods.
D) Because private sector firms do not have the foresight to plan for public goods.
Correct Answer:
Verified
Q13: Which of the following is a method
Q14: An example of a negative externality created
Q15: Which one of the following is FALSE?
A)
Q16: Which of the following best represents the
Q17: Which of the following best represents the
Q19: Which one of the following characterizes public
Q20: Which policy would correct a positive externality?
A)
Q21: Which of the following characterizes public goods?
A)
Q22: Q23: ![]()
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