Why will a private market be unable to produce the efficient ...

[Themember4]

Why will a private market be unable to produce the efficient quantity of public goods?
 
  A) because the good's marginal cost is too low
  B) because the good is nonexcludable, so there is the free rider problem
  C) because the good is rival, so no one will want to pay the producer for it
  D) All of the above answers are correct.

Question 2

In the figure above, the Lorenz curve that shows the richest 20 of households percent receiving 60 percent of all income is
 
  A) curve A.
  B) curve B.
  C) curve C.
  D) curve D.

[blazinlyss]

Answer to Question 1

B

Answer to Question 2

C

[Themember4]

Great answer, keep it coming

[debra928]

Thanks for the timely response, appreciate it