Sometimes, Public Goods Whose Benefits Are Less Than Their Costs

question 18

Multiple Choice

Sometimes, public goods whose benefits are less than their costs still get produced because

• A)the marginal benefit is still larger than the marginal cost.
• B)of externalities in production.
• C)the benefits accrue to politically powerful government officials and their constituents.
• D)of market failures.

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Definitions:

Marketers

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B₂C Buying

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Buying Situations

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Types

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