Which of the following is not an argument for private sector production of collective consumption goods?
A) The good might only be a collective consumption good because of current government production.
B) Private sector production provides information about consumer preferences about the good.
C) The private sector has lower pay scales then government,lowering overhead costs.
D) Taxes used to finance government production produce deadweight losses.
Correct Answer:
Verified
Q1: A highway is a public good _.
A)if
Q3: Public goods have at least one of
Q4: The optimal output of a collective consumption
Q5: When a collective consumption good become congested
Q6: Lindahl prices for collective consumption goods are
Q7: For a collective consumption good,market demand is
Q8: Which of the following is not true
Q9: If government decides to produce a collective
Q10: The primary advantage of Lindahl pricing is
Q11: The inefficiency for collective consumption goods stems
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