If a public good was left to be provided by the private sector
A) more than the efficient quantity would be produced.
B) less than the efficient quantity would be produced
C) the efficient quantity would be produced
D) the good would be provided at a very low price.

Question

Quizplus · Accepted Answer

Public goods are non-excludable and non-rivalrous, leading to the free-rider problem, where individuals have little incentive to pay for the good, resulting in underproduction by the private sector.

If a Public Good Was Left to Be Provided by the Private