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Phydeaux Phydeaux
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6 years ago
Governments provide public goods like national defence because
A) governments are more efficient than private businesses at producing public goods.
B) private businesses would make excess profits.
C) of external costs.
D) people do not value national defence very highly.
E) the free-rider problem results in underproduction by private markets.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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Answer verified by a subject expert
martrekmartrek
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Posts: 515
6 years ago
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Phydeaux Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
You make an excellent tutor!
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2 hours ago
Thank you, thank you, thank you!
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