Since people get to consume public goods regardless of whether they paid for them, the market will likely not produce enough public goods.

Question

Quizplus · Accepted Answer

Public goods suffer from the free-rider problem, where individuals can benefit from them without contributing to their production. Because of this market failure, private companies will not produce enough public goods on their own, and public intervention is necessary to ensure adequate provision.

Since People Get to Consume Public Goods Regardless of Whether