True.
The private market also could solve the issue by forcing people to watch commercials embedded in the program. Because the existence of cable TV makes the good excludable, it is no longer a public good.
What is private market ?
- Private markets are investments in assets that are not traded on a public exchange or stock exchange.
- This could include private equity (investments in private companies) or private debt (investments made directly to borrowers where there is no market to trade that debt on).
- Private markets are attractive for three reasons: potential return enhancement, inflation protection, and diversification.
- Most alternative investments provide some combination of these three desirable characteristics.
To learn more about private market refer to :
https://brainly.com/question/14529338
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