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Llanis Llanis
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6 years ago
In the case of a good that has no exclusion and no rivalry, private markets fail because
A) of free-ridership.
B) this is a natural monopoly.
C) profit is driven down to zero.
D) the quantity produced will exceed the social optimum.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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#1
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6 years ago
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Llanis Author
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6 years ago
Good timing, thanks!
AlahuKakpar
wrote...

Yesterday
Thanks
big_larry_samp
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2 hours ago
Brilliant ツ
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