Public Goods, Human Capital & Comparative GDP Mcqs


Q.  Suppose each of 20 neighbours on street values street repairs at €3000 the cost of the street repair is €40,000 which of the following statements is true ?

a. it is efficient for the government to tax the resident €2,000 each and repair the road
b. It is efficient for each neighbour to pay €3,000 to repair the section of street in front of his/her home
c. None of these answers are true
d. it is not efficient to have the street repaired


ANSWER: See Answer
 
No explanation is available for this question!
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