The market mechanism leads to underproduction of public goods because the supply of public goods is hidden.
The market mechanism leads to underproduction of public goods because everyone would wait for someone else to pay.

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The Answer of The market mechanism leads to underproduction of public goods because the supply of public goods is hidden.
The market mechanism leads to underproduction of public goods because everyone would wait for someone else to pay.

The Market Mechanism Leads to Underproduction of Public Goods Because