Multiple Choice
By polling people, we can calculate the demand for public goods and have the market provide them. But we don't. Instead, we allow the government to pay for and provide those goods because it
A) knows better than individuals what public goods are desirable
B) avoids "special interests" interference in the market
C) can avoid all negative and positive externalities
D) can tax people to finance the production of public goods and thereby prevent free riders
E) can prevent market failure
Correct Answer:

Verified
Correct Answer:
Verified
Q74: One difference between public goods and near
Q75: The government is seen by many economists
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -Exhibit N-3 depicts
Q77: When airplanes take off and land at
Q78: Government failure occurs when<br>A) fewer public goods
Q80: If we sum the private marginal cost
Q81: Government failure occurs when<br>A) intervention by the
Q82: The most common way that the government
Q83: To correct for market failure, the government
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit N-4,