Multiple Choice
Josh has an iPhone,and he frequently downloads songs from iTunes.He pays a small price for each download,but downloading a song does not remove it from the iTunes inventory,which is available for other buyers.The iTunes service is BEST described as a(n) :
A) private good.
B) public good.
C) artificially scarce good.
D) common resource.
Correct Answer:
Verified
Correct Answer:
Verified
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