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Author Question: Which of the following is a property of a public good? a. It is established by legislation. b. Free ... (Read 49 times)

Pineappleeh

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on: Jun 30, 2018
Which of the following is a property of a public good?
 a. It is established by legislation. b. Free riders are excluded.
  c. Users collectively consume benefits. d. It is determined by positive economics.

Question 2

A public good may be defined as any good or service that:
 a. must be provided to citizens who are most able to benefit from it.
  b. must be distributed to all citizens in equal shares.
  c. excludes free riders.
  d. none of these.


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kishoreddi

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

c

Answer to Question 2

d


Pineappleeh

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ricroger

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Reply 3 on: Yesterday
Excellent

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