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Cuba Cuba
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9 years ago
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.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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#1
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8 years ago
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Cuba Author
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#2
8 years ago
I have a major exam next week. Thank you for taking the time to answer. Problem solved.
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#3
8 years ago
Awesome Happy Dummy
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