________ are generally produced by the government.

A) Public goods
B) Private goods
C) Externalities
D) Market failures

Question

________ are generally produced by the government.A)  Public goodsB)  Private goodsC)  ExternalitiesD)  Market failures

Faran Choudhry · Accepted Answer

Final Answer : A, Explanation :  Public goods are typically provided by the government because they are non-excludable and non-rivalrous, meaning they are available to all members of society and one person's use of the good does not reduce its availability to others. Examples include public parks and national defense.

________ are generally produced by the government.

A) Public goods
B) Private goods
C) Externalities
D) Market failures

Definitions

Learning Objectives

Learning Objectives

Related questions