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Author Question: An efficient amount of a public good is unlikely to be produced in a free market because (Read 52 times)

najmarocks25

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on: Oct 12, 2022
An efficient amount of a public good is unlikely to be produced in a free market because
◦ there is no way to prevent a person who is not willing to pay for the good from receiving benefits from the good.
◦ of the existence of adverse selection.
◦ of the existence of moral hazard.
◦ social benefits exceed social costs.
◦ of the high cost of producing the public good.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by najmarocks25 on Oct 12, 2022

Jaclyn92G6

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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najmarocks25

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Reply 2 on: Oct 12, 2022
:D TYSM

Joy Chen

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Reply 3 on: Yesterday
Excellent

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