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Answer to Question #48105 in Economics for Billy
Question #48105
The reason why national defense is commonly provided by the government, while food is not, is that food…
is too essential to survival to be provided by a bureaucratic organization. or
manufacturers have successfully lobbied the government to stay out of the food industry. or
can easily be withheld from those who refuse to pay for it. or
provision is subject to a free-rider problem.
is too essential to survival to be provided by a bureaucratic organization. or
manufacturers have successfully lobbied the government to stay out of the food industry. or
can easily be withheld from those who refuse to pay for it. or
provision is subject to a free-rider problem.
Expert's answer
provision is subject to a free-rider problem
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#340153 on Dec 2023
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