A characteristic of public goods is that:
A) people pay for them in proportion to the benefits received.
B) the costs of producing them are less than if they were private goods.
C) their benefits cannot be withheld from anyone,regardless of whether a person pays for them.
D) they are produced only by the private sector,not by the public sector.
Correct Answer:
Verified
Q78: For which type of goods is the
Q79: Consider an economy with just two citizens.If
Q80: Use the following to answer questions:
Figure: Traffic
Q81: Use the following to answer question:
Q82: Public goods should be provided to the
Q84: Use the following to answer question:
Figure: An
Q85: Use the following to answer question:
Q86: Use the following to answer question:
Q87: Use the following to answer question:
Figure: An
Q88: For a public good,which statement(s)accurately describe(s)the marginal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents