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Author Question: Which of the following is a public good? a. An economics lecture. b. A television set. c. Higher ... (Read 22 times)

FButt

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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.


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1_Step_At_ATime

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


FButt

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
:D TYSM

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