Public goods are examples of market failure because the ____ _ cannot distribute the ____.

Question

Pertanyaan

Public goods are examples of market failure because the ____ _ cannot distribute the ____.

Tampilkan lebih banyak

Answer 1

### Free Market Efficiency Side Effects

Answer 2

## Step1: Identify the Concept of Public Goods
### Public goods are non-excludable and non-rivalrous, meaning they are available to everyone and one person's use does not reduce availability to others.
## Step2: Understand Market Failure
### Market failure occurs when the market does not allocate resources efficiently, leading to overproduction or underproduction of goods and services.
## Step3: Connect Public Goods to Market Failure
### Since public goods are non-excludable and non-rivalrous, the free market often fails to provide them efficiently due to the lack of incentives for private producers.
## Step4: Identify the Missing Elements
### The free market efficiency side effects refer to the inability of the market to distribute public goods efficiently.

Pertanyaan

Public goods are examples of market failure because the ____ _ cannot distribute the ____.

Jawaban

Penjelasan

Pertanyaan Panas lebih

Pertanyaan

Public goods are examples of market failure because the ______ _____ cannot distribute the ______.

Jawaban

Penjelasan

Pertanyaan Panas lebih

Public goods are examples of market failure because the ____ _ cannot distribute the ____.