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13. Governments provide pure public goods such as national defense because
a. of the free-rider problems that result in underproduction by private markets.
b. governments know how to produce these goods.
c. people do not value national defense very highly.
d. of the potential that private firms will make excess profits.
13. Governments provide pure public goods such as national defense because
a. of the free-rider problems that result in underproduction by private markets.
b. governments know how to produce these goods.
c. people do not value national defense very highly.
d. of the potential that private firms will make excess profits.
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Raushan RajLv8
31 Oct 2020