Multiple Choice
Asteroid defense is likely to be ______ by the market because ______.
A) efficiently provided; there are low transaction costs to collecting the operational funding, as suggested by the Coase theorem.
B) overprovided; of the market power of the military-industrial complex.
C) either overprovided or underprovided; it is a common good.
D) underprovided; there is an incentive to free ride.
Correct Answer:

Verified
Correct Answer:
Verified
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