When a good ends up undersupplied,we can assume it is a:
A) common resource.
B) private good.
C) public good.
D) transitory good.

Name: When a good ends up undersupplied,we can assume it is a: A) common resource. B) private good. C) public good. D) transitory good.
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Question

Quizplus · Accepted Answer

Public goods are often undersupplied because they are non-excludable and non-rivalrous, leading to free-rider problems where individuals have little incentive to pay for their provision.

When a Good Ends Up Undersupplied,we Can Assume It Is