The online encyclopedia known as Wikipedia is an example of a public good that provides information. Explain why this good did not need to be provided by the government
What will be an ideal response?
It didn't need to be provided by the government because there is enough of a spirit of public service in society to keep the effort going without coercion or inducement by government. That is people are willing to make their contributions to the encyclopedia because doing so gives them pleasure. This reward apparently is enough to sustain itself.
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The process of bargaining for a large group of workers at one time rather than individually is known as ________
A) collective bargaining B) autarky C) tertiary negotiations D) ornamental horticulture
Mac trucks and their dealers would likely have an organizational form of
a. fixed profit sharing franchise contracts b. spot market recontracting c. alliances d. vertical integration