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For-Profit Producers Will Produce Only Private Goods Because

Question 214

Multiple Choice
For-profit producers will produce only private goods because

For-profit producers will produce only private goods because


A) markets exist for private goods but not for public goods.
B) the cost of production can be easily determined.
C) buyers will be willing to pay for the goods since the benefits are excludable.
D) all external benefits can be internalized using market prices.

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