Government or third-party intervention is necessary to ensure the economically efficient provision of public goods. True...

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Question

Government or third-party intervention is necessary to ensure the economically efficient provision of public goods. True...

Government or third-party intervention is necessary to ensure the economically efficient provision of public goods.

True

False

business economics

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Answer 1

Answer #1

True, market mechanism always sell less of the goods in the market than equilibrium after calculating the positive externality, this will need government intervention in the market to ensure economically provision of public goods.

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Answer 2

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