Which of the Following Statements Is Correct

question 41

Multiple Choice

Which of the following statements is correct?

• A)The efficient provision of private goods is intrinsically more difficult than the efficient provision of public goods.
• B)The efficient provision of public goods is intrinsically more difficult than the efficient provision of private goods.
• C)Private markets provide quantities of public goods that exceed the socially-efficient quantities of those goods.
• D)Private decision makers utilize quantities of common resources that fall short of the socially-efficient quantities of those resources.

---

Definitions:

Sperm Cell

A male reproductive cell designed to fertilize an egg cell, contributing half of the genetic material to the offspring.

By-products

Materials produced as a residual or secondary product during the manufacturing process or chemical reactions.

Nicotine

A stimulant and addictive substance found in tobacco, which affects the nervous system when consumed.

Addictive

Characterized by a compulsive need to engage in a particular activity or consume a substance, leading to significant physiological or psychological dependence.