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    Microeconomics Study Set 21
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    Exam 17: Public Goods and Common Resources
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    For a Nonexcludable Good Like National Defence,the Private Market Will
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For a Nonexcludable Good Like National Defence,the Private Market Will

Question 2

Question 2

Multiple Choice

For a nonexcludable good like national defence,the private market will lead to _____ of the good.


A) too much production
B) too much consumption
C) too little production
D) the efficient level of consumption

Correct Answer:

verifed

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