Multiple Choice
Why has a lighthouse long been considered an example of a public good
A) The owner of the lighthouse is able to exclude beneficiaries from enjoying the lighthouse.
B) There is rarely another lighthouse nearby to provide competition.
C) A nearby port authority cannot avoid paying fees to the lighthouse owner.
D) All passing ships are able to enjoy the benefits of the lighthouse without paying.
Correct Answer:
Verified
Correct Answer:
Verified
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