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If the Quantity of Public Goods Produced Were Decided by Market

Question 93

Multiple Choice

If the quantity of public goods produced were decided by market forces (supply and demand) ,


A) there would be more goods provided than would be optimal
B) there would be fewer goods provided than would be optimal
C) the markets would provide the optimal number of goods
D) prices would be optimal, but the optimal quantity of goods would not be produced
E) the firms producing the public goods would earn excess profit

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