Author Question: A public good is any good or service that users collectively consume and there is no way to bar free ... (Read 62 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?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library