Which of the following is most likely a private good?
A) Cars.
B) National defense.
C) Sidewalks.
D) The administration of justice.
Correct Answer:
Verified
Q2: Market failure leads to
A)An equitable distribution of
Q3: The optimal mix of output may not
Q4: A private good
A)Is consumed by one person
Q5: The market
A)On its own may not always
Q6: The optimal mix of output is the
Q8: If production in the economy is efficient,then
Q9: The most desirable combination of output attainable
Q10: In a market economy,producers will produce the
Q11: Which of the following is an example
Q12: Any imperfection in the market mechanism that
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