Goods such as radio and television programs are ______ that are given away free because _______.
A) private goods; of government funding
B) public goods; advertisers pay the cost of programming
C) public goods; of government funding
D) private goods; advertisers pay the cost of programming

Question

Quizplus · Accepted Answer

Radio and television programs are public goods because they are non-excludable and non-rivalrous. Advertisers pay the cost of programming, which allows them to be given away for free to the public.

Goods Such as Radio and Television Programs Are ______ That