Which of the following is not an example of a public good (or service) ?
A) Museums
B) Health care
C) Primary education
D) Secondary education
E) All of the above
Correct Answer:
Verified
Q10: Under perfect competition in all markets and
Q11: Which of the following denotes an external
Q12: If the production of a product entails
Q13: Which of the following explains the concept
Q14: Public goods are distinguished from other types
Q16: If it is very difficult to exclude
Q17: The difficulty of getting people to pay
Q18: Firms with market power cause market failure
Q19: Only one firm produces chocolate- covered ants.
Q20: Economists often compare perfect competition and monopoly.
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