Multiple Choice
No individual is willing to pay to provide the efficient level of a public good since the:
A) marginal cost of production is zero.
B) good will be nonrival and thus underconsumed.
C) individual's marginal benefit is less than the marginal social benefit.
D) marginal benefit of allowing one more individual to consume the good is zero.
Correct Answer:
Verified
Correct Answer:
Verified
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