Which is not a reason for the government to provide a good or service as a public good? the good or service would seem to benefit almost everyone. it would be impractical to make consumers pay individually. it would be inefficient to exclude nonpayers. having more consumers would increase a private provider's cost?

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Business

Chaim

24 January, 05:59

Which is not a reason for the government to provide a good or service as a public good? the good or service would seem to benefit almost everyone. it would be impractical to make consumers pay individually. it would be inefficient to exclude nonpayers. having more consumers would increase a private provider's cost?

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Toby Lara · Answer 1

Which is not a reason for the government to provide a good or service as a public good? Having more consumers would increase a private provider's cost. A public good is a good that anyone in the economy can receive and benefit from. This good or service is provided to all members of society without the intent to make a profit. The provider still has to pay to offer the service or make the good, so, if there is more people who are able to receive the product, the cost to make it goes up as well with no profit in return.

Aimee Li · Answer 2

the answer is D, having more consumers would increase a private providers cost.