menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 34
  4. Exam
    Exam 8: Public Choices and Public Goods
  5. Question
    The Quantity of a Public Good Supplied by a Private
Solved

The Quantity of a Public Good Supplied by a Private

Question 78

Question 78

Multiple Choice

The quantity of a public good supplied by a private market is


A) smaller than the efficient quantity.
B) equal to the efficient quantity.
C) the quantity that maximises total public benefit.
D) larger than the efficient quantity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q73: Bureaucratic overprovision of a public good could

Q74: The economy's marginal social benefit curve for

Q75: A free rider is someone who<br>A) consumes

Q76: Goods that are nonrival and nonexcludable are

Q77: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above

Q79: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The marginal cost

Q80: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -Mike, Joe and

Q81: Natural monopoly goods are _ and _.<br>A)

Q82: Rational ignorance suggests that voters will<br>A) pursue

Q83: National defence is an example of a<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines