Public goods are generally produced by
A) the government.
B) monopolies.
C) perfectly competitive industries.
D) freely functioning markets.

Question

Quizplus · Accepted Answer

Public goods are typically produced by the government because they are non-excludable and non-rivalrous, meaning they are available to all members of society without a direct charge, and one person's consumption of the good does not reduce its availability to others.

Public Goods Are Generally Produced by