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Which is not true of a public good? a

Economics Dec 18, 2020

Which is not true of a public good?

a. Excluding people from consuming it is not generally desirable.

b. Public provision will assure an efficient quantity is produced.

c. Private provision will lead to too low a level of provision.

d. Excluding people from consuming it is not generally feasible.

Expert Solution

An answer to this question is:

a. Excluding people from consuming it is not generally desirable.

It is impossible to exclude an individual from enjoying a public good. For instance, if the government constructs a dam to prevent flooding, everybody benefits from the dam and it is totally impossible to isolate some people from enjoying the benefits of the dam.

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