Multiple Choice
If the marginal cost of a given level of a public good exceeds the marginal benefit,then
A) voters will be happy with the quantity of the public good.
B) tax revenues will need to be increased.
C) government needs to educate voters about the benefits of the public good.
D) less of the public good needs to be provided.
E) government needs to reduce excess spending.
Correct Answer:
Verified
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