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The Free Rider Problem Suggests That a Producer Will Tend

Question 197

Multiple Choice

The free rider problem suggests that a producer will tend to:
I.produce more than the optimal quantity of a public gooD.
II.produce less than the optimal quantity of a public gooD.
IiI.produce the optimal quantity of a public good if it is funded out of tax revenuE.​


A) ​(i) only
B) ​(ii) only
C) ​(i) and (iii) only
D) ​(ii) and (iii) only

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