Sometimes, public goods whose benefits are less than their costs still get produced because:

A. the marginal benefit is still larger than the marginal cost

B. of externalities in production

C. the benefits accrue to politically powerful government officials and their constituents

D. of market failures

Question

22 January, 22:50

+4

Answers (1)

Know the Answer?

Ireland Giles · Answer 1

Answer & Explanation:

C. the benefits accrue to politically powerful government officials and their constituents

Sometimes, public goods whose benefits are less than their costs still get produced because:A. the marginal benefit is still larger than the marginal costB. of externalities in productionC. the benefits accrue to politically powerful government officials and their constituentsD. of market failures