If a public good provides social beneﬁts that are greater than its costs, then the majority of voters would
always vote in favor of producing the good.

Question

Quizplus · Accepted Answer

This statement assumes that voters always act in a rational and self-interested manner, which is not always the case. Additionally, some voters may not fully understand the social benefits and costs of the public good, or may prioritize other issues over it. Therefore, it is not guaranteed that the majority of voters will always support producing a public good that provides social benefits greater than its costs.

If a Public Good Provides Social Beneﬁts That Are Greater