Multiple Choice
When choosing the right amount of a public good to supply,the government:
A) often guesses,because people have an incentive to overstate a good's value.
B) often provides too much,because people have an incentive to understate a good's value.
C) often provides too little,because people have an incentive to overstate a good's value.
D) often fails to provide it,because people have an incentive to understate a good's value.
Correct Answer:

Verified
Correct Answer:
Verified
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