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It Is Inefficient for the Government to Charge a Price

Question 61

Multiple Choice

It is inefficient for the government to charge a price for consuming a good,such as weather forecasts,because ________.


A) too many forecasts will be produced
B) the price cannot be set to cover all research costs
C) no one will be willing to pay for these forecasts
D) the marginal cost of providing this information to another consumer is zero

Correct Answer:

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