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.
Correct Answer:
Verified
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