The sale of by-products of public goods can sometimes help to finance those goods. Which of the following would not be a by-product of a public good?
A. Having police contract with a newspaper to deliver papers on the morning patrols.
B. Charging a fee for GPS signals that come from a defense department satellite.
C. Adding software to a computer you are selling in hopes of getting more sales.
D. Selling fishing license to fish off of a public bridge.
Answer: C
You might also like to view...
If perfectly competitive firms exit a market, the
A) market supply curve shifts leftward. B) price of the good or service falls. C) profits of the remaining firms decrease. D) output of the industry increases.
The rationality assumption states that
A) all actions taken by consumers are based on what is good for society. B) people make decisions regardless of how the outcome will affect them. C) people make decisions to buy only those goods that they need rather than goods that they want. D) people do not intentionally make decisions that would leave them worse off.