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Author Question: Why are private firms unable to produce public goods? (Read 62 times)

mp14

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on: May 24, 2019
Why are private firms unable to produce public goods?
◦ Because the government outlaws private firms from producing them.
◦ The marginal cost of production is too high for private production to be possible.
◦ They can produce these goods, but they would not earn any revenue because of the free-rider problem.
◦ The tragedy of the commons means that private firms produce an inefficient amount of public goods.
◦ None of these answers is correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by mp14 on May 24, 2019

cat123

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Reply #1 on: May 24, 2019
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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mp14

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

LegendaryAnswers

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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