When Goods Are Not Excludable

question 48

Multiple Choice

When goods are not excludable

• A)the goods will be produced as private goods but not as public goods.
• B)the goods will not be produced since no one values them.
• C)the free-rider problem prevents the private market from supplying them.
• D)the private market will produce the goods but will charge less for them than if they are produced as public goods.

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