Government failure occurs when
A) fewer public goods are produced than private goods
B) more public goods are produced than private goods
C) less than the socially optimal quantity of public goods is produced
D) more than the socially optimal quantity of public goods is produced
E) special interests emerge in the market

Question

Quizplus · Accepted Answer

Government failure occurs when the government produces less than the socially optimal quantity of public goods, leading to inefficiencies and unmet public needs.

Government Failure Occurs When