5 Public goods are a efficiently provided by market forces. b underprovided in the absence of government

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5 Public goods are a efficiently provided by market forces.

b underprovided in the absence of government intervention.

c overused in the absence of government intervention.

d a type of natural monopoly.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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