This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Because public goods are characterized by being collectively consumed (Read 8 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Apr 19, 2019

Question 1

Public goods are generally produced by


◦ the government.
◦ monopolies.
◦ perfectly competitive industries.
◦ freely functioning markets.

Question 2

Because public goods are characterized by being collectively consumed


◦ the government cannot produce them.
◦ they are illegal.
◦ they are very expensive; thus the private sector cannot provide them.
◦ the private sector may not provide them because they cannot exclude those who do not pay.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tatyanajohnson on Apr 19, 2019

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Apr 19, 2019
Excellent


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

In a public aquarium In a public aquarium
Urinary tract infection. A UTI is characterized by fever, lumbar or abdominal pain, and pain or burn Urinary tract infection. A UTI is characterized by fever, lumbar or abdominal pain, and pain or burn
Inflammation. Inflammation is characterized by the presence of swelling, redness, heat, and pain. Sw Inflammation. Inflammation is characterized by the presence of swelling, redness, heat, and pain. Sw
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ... Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Prime Numbers & Public Key Cryptography Prime Numbers & Public Key Cryptography
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library