Question

3. For a nonrival good like pay-per-view television programs, the private market will lead to: consumption of too much of the good. outsourcing its production. production of too much of the good. consumption of too little of the good.

Answer 1

Answer: It will lead to consumption of too much of the good.

Explanation: The Scenario displayed here is a Monopolistic Market operated by the pay per view television programs E.g Multichoice