3. For a nonrival good like pay-per-view television programs, the private market will lead to: consumption of too much of the go

Question

4 years ago

7

od. outsourcing its production. production of too much of the good. consumption of too little of the good.

1 answer:

GalinKa [24] · Answer 1 · 2022-01-15T20:00:11+03:00

5 0

Answer: It will lead to consumption of too much of the good.

Explanation: The Scenario displayed here is a Monopolistic Market operated by the pay per view television programs E.g Multichoice