Economics 2281 · O Level · Mixed economic system

Mixed economic system — practice question

What is the reason a government supplies some goods and services in a mixed economic system?

  • 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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