Most economists believe that the market __________ produce nonexcludable public goods because of the __________.
A) will; monetary incentive they have to produce them
B) will not; externality problem
C) will not; free rider problem
D) will; market shortage that often accompanies the production of public goods.
E) none of the above
Correct Answer:
Verified
Q2: Suppose that for Jim the marginal benefit
Q3: In the case of nonexcludable goods,economists contend
Q4: Which of the following statements is false?
A)
Q5: When a positive externality exists,_ and thus
Q6: A positive externality exists and government wants
Q7: Which of the following statements is false?
A)
Q8: In the case of a negative externality,in
Q9: In the case of a negative externality,the
Q10: Which of the following statements is false?
A)
Q11: When a good is nonexcludable,then individuals
A) will
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