Author Question: Public goods are desired because A) people want and value them but the private sector will not ... (Read 83 times)

brutforce · **on:** Jun 29, 2018

Public goods are desired because

A) people want and value them but the private sector will not make them available.
B) we want the government to spend our tax dollars.
C) they came in small units.
D) they make supply equal to demand for private goods.

Question 2

A given supply curve illustrates

A) the relationship between price and quantity supplied.
B) the effect of a change in resource costs on quantity supplied.
C) the effect of a change in technology on quantity supplied.
D) the relationship between expected future prices and quantity supplied.