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Author Question: Left to their own, private markets tend to: a. under-allocate resources to public goods. b. ... (Read 186 times)

dalyningkenk

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on: Jul 1, 2018
Left to their own, private markets tend to:
 a. under-allocate resources to public goods.
  b. allocate the economically efficient amount of resources to public goods.
  c. over-allocate resources to public goods.
  d. produce no public goods.

Question 2

When decision rights are decentralized, typically
 a. decisions are being moved to those with less of the relevant information
  b. decisions are being moved from those with stronger incentives to make good decisions
  c. decisions are being moved from those with more of the relevant information
  d. decisions are being moved from those with weaker incentives to make good decisions


jaykayy05

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


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