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Public Goods Are NOT Sold in Efficient Quantities in the Private

Question 118

Multiple Choice

Public goods are NOT sold in efficient quantities in the private marketplace because:


A) once supplied to a buyer,they can be made available at no cost to someone else.
B) the more one person has,the less another person has.
C) they are usually so costly that only the wealthy can afford them.
D) they are usually very poor-quality goods.

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