An Efficient Amount of a Public Good Is Unlikely to Be

question 53

Multiple Choice

An efficient amount of a public good is unlikely to be produced in a free market because

• A)there is no way to prevent a person who is not willing to pay for the good from receiving benefits from the good.
• B)of the high cost of producing the public good.
• C)social benefits exceed social costs.
• D)of the existence of moral hazard.
• E)of the existence of adverse selection.

---

Definitions:

Japanese Politicians

Individuals involved in governing and making policies in Japan, often as members of the Diet (Japan's bicameral parliament) or other political positions.

Business Leaders

Individuals at the highest level of organizational management who are responsible for strategizing and decision-making to drive business success.

Cisgender

A term describing individuals whose gender identity matches the sex they were assigned at birth.

Derogatory Term

A derogatory term is a word or expression used to express disapproval or insult someone or something, often carrying negative connotations and fostering discrimination or prejudice.