Wealthy Industrialist Henry Hawk Fears an Asteroid Hitting Earth and Is

Multiple Choice

Wealthy industrialist Henry Hawk fears an asteroid hitting Earth and is willing and able to pay $15 billion to develop an asteroid deflection system. Suppose asteroid deflection only costs $10 billion and Hawk makes asteroid deflection a reality. What type of good has Henry Hawk provided?

A) public good
B) private good
C) nonrival private good
D) commons resource