If a public good was left to be provided by the private sector, then O the efficient quantity would be produced O less than the efficient quantity would be produced O the good would be provided at a very high price. more than efficient quantity would be produced.

If a public good was left to be provided by the private sector, then O the efficient quantity would be produced O less than the efficient quantity would be produced O the good would be provided at a very high price. more than efficient quantity would be produced.

Principles of Macroeconomics (MindTap Course List)

7th Edition

ISBN:9781285165912

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Consumers, Producers, And The Efficiency Of Markets

Section: Chapter Questions

Problem 7PA

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If a public good was left to be provided by the private sector, then O the efficient quantity would be
produced O less than the efficient quantity would be produced O the good would be provided at a very
high price. more than efficient quantity would be produced.

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