Inefficient overproduction of a public good by the government is
A) the only efficient method of producing public goods.
B) not likely to occur when voters choose rational ignorance.
C) the term used to describe a surplus of a public good.
D) one explanation of why government might be large.
E) not likely to occur if voters are rationally ignorant.

Question

Quizplus · Accepted Answer

Inefficient overproduction of a public good by the government is one possible explanation for why the government might be large. This occurs when the government produces more of a public good than is necessary or efficient, which can result in a surplus and waste of resources.

Inefficient Overproduction of a Public Good by the Government Is