The Government Provides Public Goods Because

question 87

Multiple Choice

The government provides public goods because:

• A)private markets are incapable of producing public goods
• B)markets are always better off with some government oversight
• C)free-riders make it difficult for private markets to supply the socially optimal quantity
• D)external benefits will occur to private producers

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Definitions:

Centration

A cognitive limitation in early childhood where a child focuses on one aspect of a situation and neglects others.

Exclude

To deliberately leave something or someone out of a group or list.

Simultaneously

Occurring, operating, or done at the same time.

Centration

A cognitive development term referring to the tendency of children in the preoperational stage to focus on one aspect of a situation while neglecting others.