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One Notable Characteristic of a Public Good Is That

Question 17

Multiple Choice

One notable characteristic of a public good is that


A) its production incurs no economic costs.
B) consumers can easily be denied the benefits of the good.
C) it will automatically be produced by the free market price system.
D) its consumption by one person does not reduce the amount available to others.
E) consumers may readily divide it into individual pieces and distribute it among themselves.

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