For certain illnesses, face masks are beneficial because they may stop people from becoming infected. However, not everyone is prepared to wear face masks. Using the statement above, why would face masks be allocated inefficiently in the free market?
- AConsumers in the free market only consider private costs and benefits.
- BFace masks are non-rival and non-excludable.
- CThere is abuse of monopoly power by the producer of face masks.
- DThere is perfect information in the free market.