Which of the Following Statements About Public Goods Is Not

question 116

Multiple Choice

Which of the following statements about public goods is not true?

• A) They bestow collective benefits on members of society.
• B) They are non-excludable since those who do not pay for them cannot be excluded from enjoying them.
• C) They will be under supplied by the private sector.
• D) They are only produced by government agencies.

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Definitions:

Dressing

A sterile material used to cover a surgical or other wound.

Diabetic Coma

A life-threatening emergency arising from uncontrolled diabetes, characterized by extreme hyperglycemia or hypoglycemia.

Hyperglycemia

A condition characterized by abnormally high blood sugar levels, commonly associated with diabetes.

Overexertion

The result of physical or mental effort exceeding one's capacity, leading to stress or health issues.