9708/12 Economics Feb Mar 2023 Online Test | Cambridge AS and A Level MCQ
A government admits that building a new bridge would produce a positive net benefit to society.
Owing to a lack of public funds, the bridge would have to be built and operated by a private company, that would charge the public to use the bridge.
Private companies insist that building the bridge would not be profitable.
What could explain the companies’ unwillingness to build the bridge?