Can you think of other examples of goods with this quality? You might have some of the same goods on this list as you did in the previous question.Multiple answers:Multiple answers are accepted for this questionSelect one or more answers and submit. For keyboard navigation...SHOW MOREaPublic radiobLibrary subscriptioncA fourth of July fireworks celebrationdDisney's theme park
Question
Can you think of other examples of goods with this quality? You might have some of the same goods on this list as you did in the previous question.Multiple answers:Multiple answers are accepted for this questionSelect one or more answers and submit. For keyboard navigation...SHOW MOREaPublic radiobLibrary subscriptioncA fourth of July fireworks celebrationdDisney's theme park
Solution
The text you provided seems to be asking for examples of goods that share a certain quality. However, you didn't specify what this quality is. If you're referring to goods that are publicly accessible or funded, then public radio, a library subscription, and a Fourth of July fireworks celebration would all be examples of this. Disney's theme park, on the other hand, is a private enterprise and would not fit this category.
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Which of the following descriptions best characterizes public goods?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aPublic goods are those where it is hard to keep non-payers from using the good, but their use of the good does not negatively impact others’ ability to use it.bPublic goods are those where it is hard to keep non-payers from using the good, and their use of the good negatively impacts others’ ability to use it.cPublic goods are those without an external cost of production or an external benefit of production.dPublic goods are those where individual consumers can be excluded from using the good, but the marginal cost is zero and so an infinite number of goods should be produced.Unanswered2 attempts left
Which of the following descriptions best characterizes public goods?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aPublic goods are those where it is hard to keep non-payers from using the good, but their use of the good does not negatively impact others’ ability to use it.bPublic goods are those where it is hard to keep non-payers from using the good, and their use of the good negatively impacts others’ ability to use it.cPublic goods are those without an external cost of production or an external benefit of production.dPublic goods are those where individual consumers can be excluded from using the good, but the marginal cost is zero and so an infinite number of goods should be produced.
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