Multiple Choice
Because the benefit each citizen receives from having an educated community is a public good:
A) the free-rider problem causes the private market to undersupply education to the community
B) the government can potentially help the market reach a socially optimal level of education
C) a tax increase to pay for education could potentially make the community better off
D) all of the above are true
Correct Answer:

Verified
Correct Answer:
Verified
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