Multiple Choice
When producers (say, of roads) are not able to make all consumers pay for enjoying their product (i.e., the roads) , they tend to see a
A) marginal cost of production that is too low, and there is a supply-side market failure.
B) marginal benefit of production that is too high, and there is a demand-side market failure.
C) marginal cost of production that is too high, and there is a supply-side market failure.
D) marginal benefit of production that is too low, and there is a demand-side market failure.
Correct Answer:

Verified
Correct Answer:
Verified
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