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For Certain Public Projects Such as Building a Dam on a River

Question 127

Multiple Choice

For certain public projects such as building a dam on a river or a bridge to an island,what procedure is a government is likely to use to determine what quantity of a public good should be supplied?


A) It conducts public surveys to determine if consumers want the product.
B) It hires economists to estimate the market demand for the product.
C) It takes a vote in Congress.
D) It evaluates the costs and benefits of producing the good.

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