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8. The government provision of free public education of a xed quality in a particular area 0 results in crowd-out only among those living in
8.
The government provision of free public education of a xed quality in a particular area 0 results in crowd-out only among those living in that area who send their children to private (tuition-charging) schools despite the free public school opon. 0 could lead some families in the area to reduce the quality of schooling their children obtain relative to if there were no free public school option. 0 will necessarily be more expensive than the government provision of educational vouchers in an amount equal to the average per-student spending in the public school. 0 cannot be justied because there are no potential sources of market failures in the private market for education. Fireworks are an example of a pure public good because they are \\/ [Select] and [Select] rival non-rival Fireworks are an example of a pure public good because they are [ Select ] V and v [ Select ] excludable non-excludableA key reason that public goods will be underprovided by the private market is the existence 0 V [39'9\"] crowd out excess supply free riders negative externalitiesStep by Step Solution
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