Public goods have at least one of two characteristics.What are the two characteristics?
A) collective consumption;nonexcludability
B) individual consumption;nonexcludability
C) collective consumption;excludability
D) individual consumption;excludability
Correct Answer:
Verified
Q1: A highway is a public good _.
A)if
Q2: Which of the following is not an
Q4: The optimal output of a collective consumption
Q5: When a collective consumption good become congested
Q6: Lindahl prices for collective consumption goods are
Q7: For a collective consumption good,market demand is
Q8: Which of the following is not true
Q9: If government decides to produce a collective
Q10: The primary advantage of Lindahl pricing is
Q11: The inefficiency for collective consumption goods stems
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