Public provision
A) is the production of a good by the government by giving funds to private producers.
B) lowers the marginal cost of producing the good.
C) means the good is produced by a public authority that receives the most of its revenue from the government.
D) Both answers A and B are correct.
E) Both answers B and C are correct.

Question

Quizplus · Accepted Answer

Public provision means the production of a good by a public authority that receives the most of its revenue from the government. Therefore, option C is the correct answer. Options A and B are incorrect as they do not accurately define public provision.

Public Provision