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Author Question: The difference between a private good and a public good is that A) private goods are ... (Read 196 times)

tsand2

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The difference between a private good and a public good is that
 
  A) private goods are government-sponsored goods while public goods are government-inhibited goods.
  B) externalities are always created in the production process but not in the production of public goods.
  C) private goods make us happy while public goods do not.
  D) the exclusion principle applies to a private good but not to a public good.

Question 2

An agency that regulates product markets is the
 
  A) Equal Employment Opportunity Commission.
  B) Environmental Protection Agency.
  C) Federal Trade Commission.
  D) Occupational Safety and Health Administration.



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jackie

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Answer to Question 1

D

Answer to Question 2

C




tsand2

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Reply 2 on: Jun 29, 2018
Excellent


ecabral0

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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