Question 19 An organization that provides a public good is: A) the United Parcel Service. B) The U.S. Post Office. C) DHL Overnight. D) Federal Express.
Added by Trevor Z.
Close
Step 1
A public good is a good or service that is non-excludable and non-rivalrous, meaning that it is available to everyone and one person's consumption of the good does not reduce its availability to others. Show more…
Show all steps
Your feedback will help us improve your experience
Hubert Agamasu and 73 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Which of the following types of teams in an organization is usually cross-functional? A) Project team B) Self-managed team C) Natural work team D) Quality circle
Hubert A.
QUESTION 47 A public good is one for which : A. It is difficult to exclude people from using the good B. Consumption is nonrivalrous C. There is substantial political support for government provision of the good D. All of the above are correct E. Answers (A) and (B) are correct
Jennifer S.
1. What kind of good is it? Classify each of the following goods listed in the table below as a public good, a private good, a club good, or a common resource. Public Good Private Good Club Good Common Resource A large, beautiful mural in a city center A new drone that you take turns flying with your friends A yoga mat in a fitness room that is open to the public
Akash M.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD