Author Question: Which of the following is a public good? a. An economics lecture. b. A television set. c. Higher ... (Read 52 times)

FButt · **on:** Jun 30, 2018

Which of the following is a public good?
a. An economics lecture.
b. A television set.
c. Higher education.
d. Housing.
e. Clean air

Question 2

The city of Logan Square needs 40 million for a network of streetlights. There are 20,000 residents in the Logan Square neighborhood, meaning the cost for each resident is 2,000 . Psychiatrist Denise Miller refuses to donate 2,000 towards the project. This is an example of the problems encountered with:
a. consumer goods.
b. capital goods.
c. rival goods.
d. public goods.
e. private goods.