Solved

The Quantity of a Public Good Supplied by a Private

Question 141

Multiple Choice

The quantity of a public good supplied by a private market is


A) smaller than the efficient quantity.
B) equal to the efficient quantity.
C) the quantity that maximises total public benefit.
D) larger than the efficient quantity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q136: -The figure above</p></div><svg width=

Q137: -In the above</p></div><svg width=

Q138: When consumption of a good is nonrival

Q139: -In the above</p></div><svg width=

Q140: An externality can be a
A) benefit but

Q142: -From the figure</p></div><svg width=

Q143: A good or service or a resource

Q144: When external benefits are present,
A) property rights

Q145: -The table above</p></div><svg width=

Q146: -The figure above</p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents