Title Subtitle Paragraph Styles 14. Which of the following is the most accurate explanation of why governments supply public goods in market economies? A. Markets are unlikely to for to supply public goods. B. Governments are not subject to information failure. C. Only taxes can be used to fund the provision of public goods. D. Governments can ensure that imported raw materials necessary to product public goods have 1 Normal 1 No Spac. Heading 1| Heading 2, Heading 3 zero-rated customs duties. AaBbCcDc AaBbCcDr AaBbC AaBb AaBbcel Add AaBbCcE

Politics

Question
Title
Subtitle
Paragraph
Styles
14. Which of the following is the most accurate explanation of why governments supply public goods in
market economies?
A. Markets are unlikely to for to supply public goods.
B. Governments are not subject to information failure.
C. Only taxes can be used to fund the provision of public goods.
D. Governments can ensure that imported raw materials necessary to product public goods have
1 Normal 1 No Spac. Heading 1| Heading 2, Heading 3
zero-rated customs duties.
AaBbCcDc AaBbCcDr AaBbC AaBb AaBbcel Add AaBbCcE
Answer

A. Markets are unlikely to for to supply public goods.

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Public goods are goods that are non-excludable and non-rivalrous, meaning that they cannot be withheld from those who do not pay for...
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