Public goods are goods or services that
A) are produced by the government.
B) are provided only by the capitalistic system.
C) can be consumed by additional users at no additional cost.
D) are provided only in command economies.
Correct Answer:
Verified
Q7: One characteristic of a public good is
Q8: Private goods are goods or services
A)that can
Q9: The economic role of the legal system
Q10: The distinguishing characteristic of private goods is
Q11: One distinguishing characteristic of a public good
Q13: The government tries to protect the benefits
Q14: To protect the competitive economic system by
Q15: Which of the following goods is subject
Q16: One distinguishing characteristic of public goods is
A)noncompetitive
Q17: Which one of the following is NOT
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