Why do markets produce too few public goods for consumption?

A) There is no market at all for any public good.

B) Because the government has a monopoly on the market

C) Because there is not a profit incentive for the markets

D) Because regulations prohibit profits for public goods.

Question

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Drew

27 July, 17:53

Why do markets produce too few public goods for consumption?

A) There is no market at all for any public good.

B) Because the government has a monopoly on the market

C) Because there is not a profit incentive for the markets

D) Because regulations prohibit profits for public goods.

+3

Answers (2)

Know the Answer?

Roger Lane · Answer 1

C) Because there is not a profit incentive for the markets.

Lozano · Answer 2

C) Because there is not a profit incentive for the markets

Explanation:

Profit Incentive for the markets is the incentive for businesses to produce what consumer demand and to produce those goods and services efficiently which means keeping the cost of production low in the hope of earning higher profit. Profit Incentive is the desire to make money derive from the businessman to start and invest in a business and make those public goods only which are in demand so they can make a good profit.

Why do markets produce too few public goods for consumption?A) There is no market at all for any public good.B) Because the government has a monopoly on the marketC) Because there is not a profit incentive for the marketsD) Because regulations prohibit profits for public goods.

Why do markets produce too few public goods for consumption?

A) There is no market at all for any public good.

B) Because the government has a monopoly on the market

C) Because there is not a profit incentive for the markets

D) Because regulations prohibit profits for public goods.