Why producers not be able to find enough paying buyers
Why producers not be able to find enough paying buyers for “public goods”?
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Producers would not be able to find enough paying buyers for “public goods” because of the free rider problem mentioned above. Therefore, “public goods” are not produced voluntarily through the market but must be provided by the public sector and financed by compulsory taxes.
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Quantity TR TC 0 $0.00 $10.00 1 $150.00 $30.00 2 $290.00 $50.00 3 $420.00 $80.00 4 $540.00 $120.00 5 $650.00 $170.00 6 $750.00 $230.00 7 $840.00 $300.00 8 $920.00 $
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