Multiple Choice
In deciding whether something is a public good, which of the following must one determine? (i) the number of beneficiaries
(ii) the value of external benefits which accrue to resource owners
(iii) the excludability of the beneficiaries
A) (i) and (ii)
B) (i) and (iii)
C) (ii) and (iii)
D) (i) , (ii) and (iii)
Correct Answer:
Verified
Correct Answer:
Verified
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