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Question 1 1 pts Encouragement of voluntary contributions to the provision of goods: O may lead to the provision of public go
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Answer #1

1st option is correct

For private good which is rival in nature and is excludable voluntary contributions would not work because those who are contributing may not be able to get ownership or usage rights. However this may be true for public goods which are both non rival and non excludable. If course there is a free rider problem due to which the quantity of public good provided will be less than optimal.

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