Multiple Choice
Which of the following about public goods is true?
A) Consumption of a public good by one individual reduces the availability of the good for others.
B) It is extremely difficult to limit the benefits of a public good to only the people who pay for it.
C) Public goods are free to a society when they are produced by the government.
D) From an efficiency standpoint, a market will generally supply too much of a public good.
Correct Answer:
Verified
Correct Answer:
Verified
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