Multiple Choice
When benefits are highly concentrated, but costs are diffused across a large number of people:
A) the market tends to overproduce these goods.
B) the market tends to underproduce these goods.
C) the government tends to overproduce these goods.
D) the government tends to underproduce these goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q169: Most voters will tend to be concerned
Q170: Why do people tend to be rationally
Q171: Explain why political candidates-even those from different
Q172: Let's check on whether you are rationally
Q173: Suppose the government is considering a proposal
Q175: Which of the following is the largest
Q176: Although many people, from economists to environmentalists,
Q177: Larger groups tend to favor more inefficient
Q178: How are rational ignorance, special interest groups,
Q179: There is a strong correlation between economic