
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 8
When a satellite television company gains a subscriber there is no impact on existing subscribers. That is, there is no rivalry in the consumption for their service. This is an example of a
A) purely private good.
B) purely public good.
C) congestible public good.
D) excludable public good.
A) purely private good.
B) purely public good.
C) congestible public good.
D) excludable public good.
Explanation
Hence, option (a)is incorrect.
A purely...
Issues in Economics Today 7th Edition by Robert Guell
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255