Lindahl prices for collective consumption goods are _____.
A) are sufficient to achieve political agreement on the optimal level of output
B) are necessary to achieve political agreement on the optimal level of output
C) are sufficient for economic efficiency
D) are necessary for economic efficiency
Correct Answer:
Verified
Q1: A highway is a public good _.
A)if
Q2: Which of the following is not an
Q3: Public goods have at least one of
Q4: The optimal output of a collective consumption
Q5: When a collective consumption good become congested
Q7: For a collective consumption good,market demand is
Q8: Which of the following is not true
Q9: If government decides to produce a collective
Q10: The primary advantage of Lindahl pricing is
Q11: The inefficiency for collective consumption goods stems
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