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Other Fields Homework Help Economics Topic started by: Cuba on Jun 18, 2015



Title: Private producers have no incentive to provide public goods because
Post by: Cuba on Jun 18, 2015
Private producers have no incentive to provide public goods because
A) they cannot avoid the tragedy of the commons.
B) once produced, it will not be possible to exclude those who do not pay for the good.
C)  production of huge quantities of public goods entails huge fixed costs.
D)  government subsidies for public goods are insufficient to enable private producers to earn a profit.


Title: Re: Private producers have no incentive to provide public goods because
Post by: IloveChi on Aug 27, 2015
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Title: Re: Private producers have no incentive to provide public goods because
Post by: Cuba on Aug 31, 2015
I have a major exam next week. Thank you for taking the time to answer. Problem solved.


Title: Re: Private producers have no incentive to provide public goods because
Post by: IloveChi on Aug 31, 2015
Awesome :-]