Why businesses and entrepreneurs are more likely to voluntarily undertake the projects that consumers value highly relative to price and less likely to undertake the government-sponsored projects in which the per-unit cost of production is above the price consumers willingly pay.

The government sponsored projects which are on offer do not generate as much revenue for a firm that they can earn for a similar project in which the per unit cost of production will be covered better as the consumer will be paying them more.

In government funded projects, they will not receive enough benefits from the government to cover their costs and justify the price drop which comes with people expecting lower rates from products associated with the work of the government.

Thus is it viable to work on private projects more.

jayilych4real jayilych4real · Answer 2 · 2022-01-25T15:22:16+01:00

The main reason why businesses and entrepreneurs are more likely to voluntarily undertake the projects that consumers value is:

They want to make profit.

Profit

This refers to the gain which is made after the sale of a product or service based on the cost price and expenditures.

With this in mind, government based projects do not usually generate enough revenue and that's why entrepreneurs get in to make profit.

Read more about profit oriented business here:

https://brainly.com/question/24553900