If each of us relied exclusively on the market to determine what to buy, we would probably end up with few, if any:
A) streetlights.
B) strawberries.
C) CDs.
D) raincoats.
E) televisions.

Question

Quizplus · Accepted Answer

Streetlights are a public good that provide safety and security for everyone in a community. They are not something that individuals would prioritize purchasing on their own, but they are necessary for the common good. Therefore, relying solely on the market would likely result in a lack of streetlights in many areas.

If Each of Us Relied Exclusively on the Market to Determine