Economics 0455 · IGCSE · Mixed economic system

Mixed economic system — practice question

For what reason does a government supply certain goods and services in a mixed economy?

  • AThe government always provides goods more cheaply than private firms.
  • BThe government considers only private costs and benefits.
  • CThe government provides goods to prevent the development of monopolies.
  • DThe government provides public goods because private firms cannot charge for them.

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