Multiple Choice
An inefficiency can arise in the provision of public good:
A) Because the good is non-rival.
B) As a private sector firm cannot enforcement payment for the good.
C) Because the marginal benefit curve for society is the vertical summation of individual MB curves.
D) a and C
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: A public good is:<br>A)A good that is
Q2: Consider an economy with two consumers, each
Q3: Consider an economy with two consumers, each
Q4: Consider an economy with three consumers, each
Q5: Consider an economy with two consumers, each
Q7: Consider an economy with three consumers, each
Q8: Consider an economy with two consumers, each
Q9: Consider an economy with three consumers, each
Q10: The tragedy of the common arises when:<br>A)A