Solved

It Is Inefficient for the Government to Charge a Price

Question 56

Multiple Choice

It is inefficient for the government to charge a price for consuming public health information because


A) too much of the information will be produced.
B) the price cannot be set to cover all research costs.
C) no one will be willing to pay to use this information.
D) the cost of providing this information to an additional person is essentially zero.
E) the marginal costs of producing it exceed the marginal benefits of using it.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions