If public goods were marketed like private goods,then

Question

Quizplus · Accepted Answer

Public goods have characteristics like non-excludability and non-rivalry, which make it difficult to charge a price for their consumption. Therefore, people would avoid paying for these goods even if they enjoy their benefits. This problem is known as the free-rider problem and is a significant cause of market failure for public goods. Hence, marketing public goods like private goods would not be an efficient way to produce and distribute them.

If Public Goods Were Marketed Like Private Goods,then