In the Absence of Government Action, the Private Market Would

Multiple Choice

In the absence of government action, the private market would probably not provide as much police protection as is socially desirable because:

A) ​individuals are too poorly informed about the value of police protection.
B) ​the private benefits are greater than the private costs of providing police protection.
C) ​it is difficult to prevent free riders from benefiting from some police protection services.
D) ​the use of police services by one person will significantly reduce the police protection available to others.