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Subject
Public Goodseconomics-mcqs › public-goods
Published
1 Jun 2019
Last updated
28 May 2026

Browse all Public Goods MCQs

Why is it challenging for governments to accurately measure benefits when using cost-benefit analysis to decide on providing a public good?

Multiple choice question for Public Goods. Select an option, then review the explanation below.

Choose the correct answer

Explanation

Measuring the benefits of public goods is difficult primarily because individuals responding to surveys or questionnaires may not have sufficient incentive to answer truthfully, which can distort the assessment of benefits.

Practice related questions from the same subject.

  1. 1.What term describes a good from which individuals can be prevented from accessing or using it?
  2. 2.Which of the following best illustrates a common resource?
  3. 3.Which type of good is impacted by a negative externality in a way that reduces market efficiency?
  4. 4.Which type of good does a positive externality influence market efficiency similarly to?
  5. 5.Who is described as a free rider in economic terms?

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