Which of the following is a difficulty the government faces with respect to the production of nonexcludable
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Question:
Which of the following is a difficulty the government faces with respect to the production of nonexcludable public goods? Check all that apply.
It is difficult to determine which types of nonexcludable public goods the government should produce because of differences in consumers' preferences.
It is difficult to determine the appropriate quantities of nonexcludable public goods to produce because citizens differ in their preferences regarding public goods.
It is difficult to raise taxes to subsidize the production of public goods because individuals in society tend to benefit equally from the goods.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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