Public goods:
A)Can be both produced and financed by the private sector.
B)Can be both produced but not easily financed by the private sector
C)Cannot be produced but can be financed by the private sector.
D)Cannot be produced or easily financed by the private sector.

Question

Public goods:
A)​Can be both produced and financed by the private sector.
B)​Can be both produced but not easily financed by the private sector
C)​Cannot be produced but can be financed by the private sector.
D)​Cannot be produced or easily financed by the private sector.

Quizplus · Accepted Answer

Public goods can be produced, but they are difficult for the private sector to finance because they have no way to exclude non-payers. Examples of public goods include national defense, street lighting, and public parks.

Public Goods