Which of the following statements concerning a public good is false?
A) It is impossible to exclude nontaxpayers from the enjoyment of the public good.
B) All beneﬁts associated with the production and use of a public good are received by the government.
C) The availability of a public good to one person simultaneously makes it available to all members of society.
D) The private sector does not have an economic incentive to produce a socially optimal amount of a public good.

Question

Quizplus · Accepted Answer

This statement is false because while the government may provide some public goods, not all public goods are produced by the government and not all benefits are received solely by the government. Public goods can be provided by both the government and the private sector, and the benefits are enjoyed by all members of society.

Which of the Following Statements Concerning a Public Good Is