Which of the following is a system by which individuals report their willingness to pay for the next incremental unit of a public good and the government charges them that amount to finance this public good?

Question

Quizplus · Accepted Answer

Lindahl pricing is a system in which individuals report their willingness to pay for the next incremental unit of a public good and the government charges them that amount to finance this public good, making it a fair and efficient way to fund public goods. Access pricing, voter initiative, and referendum are all different mechanisms used in government decision-making, but none of them directly relate to pricing public goods in the same way that Lindahl pricing does.

Which of the Following Is a System by Which Individuals