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Questions › CUET-PG › CUET-PG 2025 › Q63
4 marks, −1Microeconomics › Market failure, externalities and public goods › Public goods and the classification of goodsHardabout 1 min

CUET-PG 2025 Question 63: Market failure, externalities and public goods

Which of the following statements are correct about the contrast between pure public and pure private goods? (A) The total provision of pure private goods is the sum of private consumption, whereas the total provision of pure public goods is equal between individuals. (B) The consumer in general pays the same prices and consumes different quantities of the good when there is efficient provision of pure private goods. (C) The consumer pays different prices and consumes the same quantity of the good when there is efficient provision of pure public goods. (D) Atomistic markets ensure efficient provisioning for both pure private as well as pure public goods.

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Market failure, externalities and public goods has come up 114 times in 7 exams since 2006.

What this question tests

This question is on Public goods and the classification of goods, part of Market failure, externalities and public goods in Microeconomics.

Goods that are non-rival and non-excludable, and the condition for providing them efficiently.

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