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When Something of Value Has No Price Attached to It,such

Question 1

Multiple Choice
When something of value has no price attached to it,such as a public good,what will likely happen
A)Externalities will be present.
B)The good will be completely used up.
C)Only those who are better off have to pay.
D)Private companies will eventually produce the product and the good will no longer be free.

When something of value has no price attached to it,such as a public good,what will likely happen


A) Externalities will be present.
B) The good will be completely used up.
C) Only those who are better off have to pay.
D) Private companies will eventually produce the product and the good will no longer be free.

Correct Answer:

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