The Answer Is,"Because of the Free Rider Problem

question 11

Multiple Choice

The answer is,"Because of the free rider problem." The question is:

• A) Why can't the government produce nonexcludable public goods?
• B) Why can't the market produce nonexcludable public goods?
• C) Why do negative externalities exist?
• D) Why do positive externalities exist?
• E) b and d

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Definitions:

Prefrontal Cortex

A region of the brain located at the front of the frontal lobes, crucial for decision making, social behavior, and personality expression.

Pride

A feeling of deep satisfaction derived from one's own achievements, the achievements of those with whom one is closely associated, or from qualities or possessions that are widely admired.

Disgust

A feeling of intense disgust or aversion triggered by something seen as repulsive or disagreeable.

Joy

Joy is a feeling of great pleasure and happiness, often arising from a sense of well-being or fulfillment.