Which of the following is NOT a proper justification for making government responsible for collecting revenues to finance a public good?
A) No single individual may have a reservation price high enough to pay for the public good.
B) Negotiation between private citizens about each person's contribution is costly.
C) Individuals may attempt to free ride on the contributions of others.
D) The cost of the public good exceeds the benefit.
E) The number of citizens affected may be so large as to render private negotiation impossible.
Correct Answer:
Verified
Q2: If it is impossible,or highly costly,to prevent
Q3: When dealing with pure public goods,
A) government
Q4: Which of the following items is an
Q5: To say that a particular good is
Q6: If government needs to raise revenue to
Q8: If government chooses to use a head
Q9: In general,
A) government must always provide public
Q10: A nonexcludable good is one
A) for which
Q11: A head tax means the amount of
Q12: A private good possesses the characteristics of
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