Market-based policy-making is a very effective way to produce public goods and to minimize externalities that could impact on an individual's decisions.

Question

Quizplus · Accepted Answer

Market-based policy-making can be effective for addressing externalities, but it is often less effective for producing public goods due to the free-rider problem, where individuals benefit from goods without contributing to their cost.

Market-Based Policy-Making Is a Very Effective Way to Produce Public