Public Provision

question 177

Multiple Choice

Public provision

• A) is the production of a good by the government by giving funds to private producers.
• B) lowers the marginal cost of producing the good.
• C) means the good is produced by a public authority that receives the most of its revenue from the government.
• D) Both answers A and B are correct.
• E) Both answers B and C are correct.

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Definitions:

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