Question

__________ are not supplied by private sector producers because they are not likely to make an economic profit. A. Competition B. Monopolies C. Public goods D. Incentives Please select the best answer from the choices provided A B C D

Answer 1

Answer: C. Public goods

The correct option is the third one which says public goods.

Explanation:

When private sector markets are considered the public goods are not sold by them because they are not likely to give any kind of economic profit to the company.

Making of public goods affects other parties but do not affect the prices much. Hence making public goods would not be profitable for private sectors because of no effect on prices.

Answer 2

Answer:

the answer is C.

Public goods

Explanation:

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