If public goods were marketed like private goods, then

Name: If public goods were marketed like private goods, then
Brand: Quizplus
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Quizplus · Accepted Answer

Public goods are non-excludable, meaning that it is impossible to prevent individuals from consuming the good. This creates an issue in traditional markets, as free-riders can wait for others to pay for the good and still benefit from its consumption. Therefore, if public goods were marketed like private goods, people would likely wait for others to pay, leading to market failure.

If Public Goods Were Marketed Like Private Goods, Then