What Result Can We Expect to See When Goods Are

question 75

Multiple Choice

What result can we expect to see when goods are nonexcludable?

• A)Consumers demand a higher quantity than they would if they had to pay for what they consumed.
• B)Consumers demand a lower quantity than they would if they had to pay for what they consumed.
• C)Firms supply a lower quantity than they would if they incurred the full costs of the provision of the good.
• D)Firms supply a higher quantity than they would if they had to pay for what they supplied.

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Definitions:

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