Which of the following is the best example of a public good?
a. Apples. b. Cars.
c. Education. d. National defense.
d
Economics
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Economic choice and competitive behavior are the result of
a. scarcity. b. poverty. c. public ownership of resources. d. private ownership of resources.
Economics
By subsidizing the provision of public education, the government
A) generates an increase in the quantity of educational services demanded. B) pushes the per-unit price that consumers pay for educational services below the market clearing price. C) pushes the per-unit price that producers of educational services receive above the market clearing price. D) all of the above.
Economics