The provision of public goods by the government is efficient since it is easy for government officials
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Question:
The provision of public goods by the government
- is efficient since it is easy for government officials to get information on consumer preferences
- is probably not efficient since it is difficult for government officials to get information on consumer preferences
- is probably not efficient since government officials have incentives that lead them to maximize social welfare
- is efficient since government officials have incentives that lead them to maximize their personal utility.
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