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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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martrekmartrek
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6 years ago
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