A common way to fund a public good is through a government that raises funds through taxation.

Question

Quizplus · Accepted Answer

This is because public goods are non-excludable, meaning that once they are provided, everyone can benefit from them without having to pay for them individually. Therefore, it is difficult to use a private market to provide public goods. Instead, governments often provide public goods by raising funds through taxation, which is a way to collect money from citizens to pay for public goods and services that benefit everyone.

A Common Way to Fund a Public Good Is Through