A Major Reason Why Public Goods Are NOT Supplied by the Market

question 30

Multiple Choice

A major reason why public goods are NOT supplied by the market is the

• A) free-rider problem.
• B) existence of negative externalities.
• C) fact that no one is willing to pay for them.
• D) fact that public goods are rival.
• E) fact that no firm would be able to earn a profit by producing them.

---

Definitions:

Personal Strivings

Personal strivings are individual efforts directed towards achieving personal goals or fulfilling desires that reflect one's values, interests, and motives, contributing to one’s sense of self and direction in life.

Ongoing Motivation

Continued drive or desire to pursue goals or engage in activities over time.

If … Then Model

A cognitive-behavioral framework suggesting that individuals' reactions are conditional responses based on their personality and the specifics of the situation.