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Cuba Cuba
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Posts: 2658
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8 years ago
It is difficult for a private market to provide the economically efficient quantity of a public good because
A) individual preferences are not often revealed in the market for the good.
B) it is too expensive to produce the efficient quantity of the good.
C) public goods produce negative externalities.
D) the economically efficient quantity is never known.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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8 years ago
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Cuba Author
wrote...
8 years ago
Very, very helpful. Will mark this topic solved.
wrote...
8 years ago
Cool! Good luck with your exams.
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