According to ________, an efficient mix of public goods is produced when local land/housing prices and taxes reflect consumer preferences.
A) Samuelson's theory
B) the Tiebout hypothesis
C) the Theory of Public Choice
D) the Coase theorem

Question

Quizplus · Accepted Answer

The Tiebout hypothesis suggests that through people's choices of where to live, based on the mix of taxes and public goods, communities will provide an efficient mix of public goods that reflects the preferences of their residents.

According to ________, an Efficient Mix of Public Goods Is