Business, 21.12.2019 01:31 Isaiahtate053

Which of the following is a disadvantage of government provision of a public good such as national defense?

(i) the government does not know the exact willingness of consumers to pay for the public good.
(ii) the free-rider problem is more likely to occur when the government provides a public good than when the private sector provides a public good.
(iii) taxpayers do not agree on the optimal quantity of the public good that the government should provide.

a (i) only
b (i) and (ii) only
c (i) and (iii) only
d (i), (ii), and (iii)

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Which of the following is a disadvantage of government provision of a public good such as national d...

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