Government may not be able to determine the optimal amount of a public good because:
A) it is easier to determine the costs and benefits associated with public goods than those associated with private goods.
B) it is easier to determine the costs and benefits associated with private goods than those associated with public goods.
C) the quantity of public goods provided by private parties is zero.
D) there is no optimal mix of public and private goods.
Correct Answer:
Verified
Q11: What property must a good satisfy to
Q12: Which statement is generally TRUE?
A) Private markets
Q13: Suppose many potential donors reduce their annual
Q14: Which of the following is TRUE when
Q15: Local phone service is:
A) excludable but not
Q17: A road,which can be considered as nonexcludable
Q18: Which of the following is excludable,but nonrival
Q19: A painting by Monet is:
A) excludable but
Q20: Suppose a downtown business owner wants to
Q21: Which factor is likely to prevent private
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents