Multiple Choice
What is meant by a "collective good"?
A) It offers benefits that must be shared and for which everyone, therefore, has an incentive to pay.
B) It is provided by governments for all those who have political influence.
C) It must be paid for by anyone who wishes to enjoy its benefits.
D) It offers benefits that must be shared and made available to everyone if it is to be enjoyed by anyone.
Correct Answer:
Verified
Correct Answer:
Verified
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