Multiple Choice
A characteristic of public goods is that:
A) people pay for them in proportion to the benefits received.
B) the costs of producing them are less than if they were private goods.
C) their benefits cannot be withheld from anyone, regardless of whether a person pays for them.
D) they are produced only by the public sector, not by the private sector.
Correct Answer:

Verified
Correct Answer:
Verified
Q83: If the marginal benefit received from a
Q146: (Table: Street Cleanings) Peter and Wendy both
Q148: Figure: Market Failure<br>(Figure: Market Failure) In the
Q149: Figure: Traffic Lights in Plymouth <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg"
Q152: When a good is nonrival in consumption,
Q153: On hot summer days, beach parking lots
Q154: Scenario: Alexander and Vanessa Two individuals, Alexander
Q155: Figure: Market Failure <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure: Market
Q156: (Table: Marginal Benefit of Fire Hydrants) Bob
Q181: A(n)_ is excludable and rival in consumption.<br>A)private