Author Question: A public good is any good or service that users collectively consume and there is no way to bar free ... (Read 38 times)

stock

  • Hero Member
  • *****
  • Posts: 573
A public good is any good or service that users collectively consume and there is no way to bar free riders.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

It's easy for a private firm to provide a public good because of free riders.
 a. True
  b. False
  Indicate whether the statement is true or false



strudel15

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

True

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library