McqMate
| Q. |
Public goods are provided by government because |
| A. | governments are more efficient than private firms at producing public goods. |
| B. | people value national defence very highly. |
| C. | private firms will make an economic profit. |
| D. | free-rider problems result in underproduction by private markets. |
| Answer» D. free-rider problems result in underproduction by private markets. | |
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