Multiple Choice
Which of the following is a disadvantage of government provision of a public good?
A) The government lacks information about what people are willing to pay for the good.
B) The government does not provide enough of any public good.
C) The private sector can provide all public goods at a lower cost.
D) None of the above is a disadvantage.
Correct Answer:
Verified
Correct Answer:
Verified
Q55: Government agencies, such as the National Science
Q104: Scenario 11-2<br>Consider the following goods:<br>• fire-protection services
Q138: A textbook is a<br>A)private good and the
Q415: Imagine a 2,000-acre park with picnic benches,
Q416: Governments can grant private property rights over
Q418: The Tragedy of the Commons for sheep
Q422: Bob owns 5 acres of land. Bob
Q423: A vacation home in Malibu is<br>A)not rival
Q424: Which of the following statements is correct?<br>A)The
Q425: To increase safety at a bad intersection,