What is the term used for those goods and services which are regarded as essential and which are therefore usually provided by the government?
A) Merit goods.
B) Private utilities
C) Public utilities
D) Market goods
Correct Answer:
Verified
Q88: All of the following,except one,are true statements
Q89: Sole ownership of a particular resource is
Q90: The following graph gives cost and revenue
Q91: Who is a natural monopolist?
A)A single producer
Q92: The following graph gives cost and revenue
Q94: The following table gives the cost and
Q95: The following table gives the cost and
Q96: What is meant by the term natural
Q97: All of the following statements,except one,are true
Q98: What is meant by perfect price discrimination?
A)A
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