As with many public goods,determining the appropriate level of government support for the production of general knowledge is difficult.Why
A)Benefits are hard to measure.
B)Patents correct for an unknown portion of the externality.
C)Members of Parliament are often experts in the sciences.
D)The costs always exceed the benefits.

Question

Quizplus · Accepted Answer

The benefits of general knowledge are often intangible and difficult to measure, making it challenging to determine the appropriate level of government support.

As with Many Public Goods,determining the Appropriate Level of Government