The government is more likely to provide a public good under which of the following conditions?
A) The difference between the private cost and the social cost of economic behavior is minimal.
B) The private cost of some behavior far exceeds the social cost.
C) The private cost of some behavior equals the social cost.
D) No individual or firm is likely to make the good available.
E) Individuals or firms engage in private behavior that has limited social consequences.
Correct Answer:
Verified
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