A characteristic of a public good is
A) rival consumption.
B) the exclusion principle.
C) the free-rider problem.
D) clear property rights.
Answer: C
Economics
You might also like to view...
"If aggregate planned expenditure exceeds real GDP, then aggregate expenditure and real GDP will increase." Explain whether the previous sentence is correct or incorrect
What will be an ideal response?
Economics
A decrease in quantity demanded of a good is caused by
A) a decrease in income. B) a decrease in the price of a substitute. C) an increase in the price of the good. D) a change of tastes.
Economics