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Multiple Choice Question Why is the provision of public goods and services inherently inefficient? Multiple choice question. Government faces intense competition from other governments around

Multiple Choice Question Why is the provision of public goods and services inherently inefficient? Multiple choice question. Government faces intense competition from other governments around the world. Voters are much slower to make decisions than private consumers are. All decisions made by government must be first approved by voters, which imposes transaction costs. Voters must select among a bundle of goods and services that does not exactly match their preferences

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