Multiple Choice
When goods are not excludable
A) the goods will be produced as private goods but not as public goods.
B) the goods will not be produced since no one values them.
C) the free-rider problem prevents the private market from supplying them.
D) the private market will produce the goods but will charge less for them than if they are produced as public goods.
Correct Answer:
Verified
Correct Answer:
Verified
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