Multiple Choice
A private,competitive market
A) provides the efficient quantity of a public good.
B) allocates too few resources for a public good.
C) allocates too many resources for a public good.
D) can be relied upon to allocate resources efficiently both for private and public goods.
E) will allocate too many resources for a public good only if free riding occurs.
Correct Answer:

Verified
Correct Answer:
Verified
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