If a public good provides social benefits that are greater than its costs, then majority of voters would always vote in favor of producing the good.

Question

Quizplus · Accepted Answer

This statement may not always be true as people may have differing opinions on what constitutes a public good and what its costs and benefits are. Additionally, individuals may not always vote solely based on the economic efficiency of a public good and may consider other factors such as personal beliefs or political affiliations.

If a Public Good Provides Social Benefits That Are Greater