Multiple Choice
A public good is:
A) a good or service for which it is relatively easy to exclude nonpaying customers from consumption.
B) a good or service that is consumed by both the paying and nonpaying customers.
C) any good or service that is produced by the government.
D) a good or service that is consumed by private individuals and financed by private contributions.
Correct Answer:
Verified
Correct Answer:
Verified
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