Public goods are those for which
A) individuals who do not pay can be excluded from consuming the good.
B) individuals who do not pay cannot be excluded from consuming the good.
C) external costs exist.
D) no external costs exist.
B
Economics
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The focus of the Ricardian model is on how:
a. countries' resource bases explain international trade. b. countries' different technologies explain international trade. c. transportation costs explain international trade. d. different languages and cultures explain international trade.
Economics
In 2011, output per person in the U.S. was about
A. $32,000 B. $21,000 C. $48,000 D. $65,000
Economics