Because public goods are characterized by being collectively consumed,

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7 years ago

Because public goods are characterized by being collectively consumed,

Because public goods are characterized by being collectively consumed,
A) the government cannot produce them.
B) the private sector may not provide them because they cannot exclude those who do not pay.
C) they are illegal.
D) they are very expensive, thus the private sector cannot provide them.

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Akshtsaklani21

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apadong Author

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6 years ago

Update: Correct!

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