Which of the following is not a problem with a public good?
a. An incentive to free-ride
b. A public good is often underconsumed
c. An absence of private property rights
d. An inability to limit consumption to those who purchase the good
e. A public good is usually underproduced
b
Economics
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Refer to the diagram. At the profit-maximizing output, the firm will realize:
A. a loss equal to BCFG.
B. a loss equal to ACFH.
C. an economic profit of ACFH.
D. an economic profit of ABGH.
Economics
What is the current level of FDIC deposit insurance per account, as of 2017?
A. $100,000 B. $250,000 C. $50,000 D. $500,000
Economics