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Q.

Mention if the given statement is true or false:

In some cases, providing services and goods collectively is better and cheaper.

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a

True

b

False

answer is A.

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Detailed Solution

The given statement is true.
Some goods and services are cheaper if provided to the whole society. For example, if security were delivered to the entire locality, it would be more affordable than every family employing their security staff. Thus, there are several goods and services that the government provides to the entire society because it would be cheaper for individuals. For example, the government has created hospitals and schools to ensure that services are provided at low costs.

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