Which of the following is an example of a public good?
A) a weather warning system
B) a television set
C) a sofa
D) a bottle of soda
Correct Answer:
Verified
Q12: Because of the free-rider problem,
A) the market
Q26: Answer the question on the basis of
Q62: Toll-free roads sometimes get congested, such as
Q63: At the output where the combined amounts
Q66: An efficiency loss (or deadweight loss)declines in
Q71: Unlike a private good, a public good
A)has
Q71: At the output level defining allocative efficiency,
A)the
Q72: Nonexcludability describes a condition where
A)one person's consumption
Q76: At the optimal quantity of a public
Q80: A public good
A)can be profitably produced by
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