Public goods are desired because
A) people want and value them but the private sector will not make them available.
B) we want the government to spend our tax dollars.
C) they came in small units.
D) they make supply equal to demand for private goods.

Question

Quizplus · Accepted Answer

Public goods are goods or services that are desired by the public but cannot be efficiently provided by the private sector, either because they are too expensive to produce or because there is no incentive for individual firms to provide them. This is why they are considered public goods, and why the government might step in to provide them.

Public Goods Are Desired Because