The Efficient Quantity of a Public Good Can't Be Produced

question 72

Multiple Choice

The efficient quantity of a public good can't be produced by private firms because

• A) only the government has the necessary resources.
• B) it is impossible to determine the efficient amount.
• C) consumers have an incentive to free ride and not pay for their share of the good.
• D) private firms aren't large enough.
• E) the price would be too high if private firms produced the goods.

---

Definitions:

Thread Class

A class in programming that enables the execution of multiple threads or paths of execution within a program, allowing for concurrent processing.

Java.lang Package

The fundamental package in the Java programming language that provides classes essential to the language's programming, such as String, System, and Thread.

JavaBean

A reusable software component that follows specific conventions: it must be serializable, have a no-argument constructor, and allow access to properties using getter and setter methods.

Programming Technique

A method or approach used in software development to solve problems or accomplish tasks.