Which of the following is most likely to be private property?

Refer to Table 2-17. What is Lucy's opportunity cost of making a wagon?

A) 3 wagons B) 3/4 of a wagon C) 1 1/3 tricycles D) 2 tricycles

A public museum is an example of a

A) government-sponsored good. B) public good. C) good which generates a positive externality. D) good which generates a negative externality.