Multiple Choice
The efficient quantity of a public good can't be produced by private firms because
A) only the government has the necessary resources.
B) consumers have an incentive to free ride and not pay for their share of the good.
C) the price would be too high if private firms produced the goods.
D) private firms aren't large enough.
E) it is impossible to determine the efficient amount.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: A private good is _ and _.<br>A)
Q35: Public goods create a free-rider problem because<br>A)
Q36: A good is rival if<br>A) it has
Q37: Sue and Mark are the only two
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure
Q40: For which type of good is it
Q41: Which of the following is the best
Q42: Government bureaucracies over-provide public goods and grow
Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure
Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure