Which of the following is not a solution to the market failure that occurs with public goods?
A)Changing social norms
B)Government regulation of the market
C)Privatization of the good
D)Setting a very specific quota on consumption

Question

Quizplus · Accepted Answer

Setting a specific quota on consumption is not a typical solution for public goods market failure, as public goods are non-excludable and non-rivalrous, making it difficult to enforce consumption limits.

Which of the Following Is Not a Solution to the Market