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When People Cannot Be Excluded from Consuming a Good,even If

Question 72

Multiple Choice

When people cannot be excluded from consuming a good,even if they have not paid for the good,competitive markets would


A) produce more of the good than society needs.
B) allocate more resources than the efficient amount to the production of the good.
C) produce the good so that people could enjoy a "free ride."
D) produce less than the efficient quantity.
E) eliminate the deadweight loss.

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