It Is Difficult for a Private Market to Provide the Economically

question 89

Multiple Choice

It is difficult for a private market to provide the economically efficient quantity of a public good because

• A)by law governments cannot use cost-benefit analysis to determine this quantity.
• B)public goods produce positive and negative externalities.
• C)individual preferences are not revealed in the market for the good.
• D)it is too expensive to produce the necessary amount of the good.

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Definitions:

Meal Pattern Data

Information regarding the typical structure, composition, and frequency of meals consumed by an individual or group.

Dietary Evaluation

The process of assessing an individual's food intake and eating habits to determine nutritional adequacy.

Total Energy Expenditure

The total amount of energy used by the body in a day, accounting for all physical activities and metabolic processes.

Data Analysis

The process of examining, cleaning, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.