Some Public Goods Would Not Be Provided Without Government Intervention

Multiple Choice

Some public goods would not be provided without government intervention because:

A) the marginal cost of the good exceeds an individual's marginal benefit.
B) the marginal cost of the good is less than an individual's marginal benefit.
C) the socially optimal price of the good would be zero (i.e., there is no chance of making a profit) .
D) the marginal cost of the good exceeds an individual's marginal benefit and the socially optimal price of the good would be zero (i.e., there is no chance of making a profit) .