If the free market is called upon to provide public goods, then:

Question

Quizplus · Accepted Answer

Public goods are non-excludable and non-rivalrous in consumption, meaning that it is difficult to charge people for their use and one person's use does not reduce the availability for others. Because private firms cannot effectively charge for the use of public goods, there is no incentive for them to produce the optimal amount, leading to underproduction or undersupply.

If the Free Market Is Called Upon to Provide Public