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    Price Theory and Applications
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    Exam 14: Common Property and Public Goods
  5. Question
    Private Markets Tend to Undersupply Nonexcludable Goods Because of
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Private Markets Tend to Undersupply Nonexcludable Goods Because of

Question 57

Question 57

Multiple Choice

Private markets tend to undersupply nonexcludable goods because of


A) individuals' incentives to be untruthful.
B) overcrowding.
C) free riding.
D) dissipated rents.

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