The ideas of the non-exclusion and shared consumption are at the heart of the economic system. When people can obtain a good or service whether they pay for it or not they have less incentive to pay. If consumers have no incentive to pay the costs, producers will have little incentive to provide the benefits. As a result, such goods and services will not be produced despite the fact that everyone wants them. The passage above explain why the government

Question

Kallie Zhang

Social Studies

4 July, 07:04

The ideas of the non-exclusion and shared consumption are at the heart of the economic system. When people can obtain a good or service whether they pay for it or not they have less incentive to pay. If consumers have no incentive to pay the costs, producers will have little incentive to provide the benefits. As a result, such goods and services will not be produced despite the fact that everyone wants them. The passage above explain why the government

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Gustavo Day · Answer 1

Answer: provides public goods and services.

Explanation: The passage above explains why government provides public goods and services. If the government provides these goods and services, the goods and services everyone wants would still be produced whether some people have incentive to pay for the goods and services or not, while if the provisions are left with the private individuals alone, if consumers have no incentive to pay, then it will result to the discontinuous produce of that commodity or services despite the fact there are people who can pay for the incentives.