Which of the following statements is not correct? A: Medical research can be an example of a<br/>public good. B: The private market will tend to undersupply<br/>public goods. C: The free-rider problem occurs when a good is<br/>nonexcludable. D: All goods provided by the government are<br/>public goods.
Which of the following statements is not correct? A: Medical research can be an example of a<br/>public good. B: The private market will tend to undersupply<br/>public goods. C: The free-rider problem occurs when a good is<br/>nonexcludable. D: All goods provided by the government are<br/>public goods.
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