Multiple Choice
Some markets fail to generate an optimal quantity of public goods because
A) free riders undermine the profitability of producing the goods
B) they are too expensive
C) they yield too few benefits
D) private enterprise cannot get access to the raw materials
E) there is insufficient demand for such goods
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Does government intervention guarantee provision of the
Q17: In the analysis of externalities and market
Q18: When representatives vote on behalf of the
Q19: a. Imagine that the state of Georgia
Q20: Producing where P = MC does not
Q22: A national park is an example of
Q23: Third parties can be unintentionally affected by
Q24: The possibility that someone can reap the
Q25: Suppose the government imposes a $2 per-unit
Q26: A free rider attempts to receive benefits