Multiple Choice
Why is national defence provided by the government
A) It is impossible for private markets to produce public goods.
B) Products provided by the government can be produced more efficiently.
C) Free riders make it difficult for private markets to supply the socially optimal quantity.
D) If the good were produced in private markets, most likely too much of the good would be produced.
Correct Answer:

Verified
Correct Answer:
Verified
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