An Example of a Public Good Is

question 125

Multiple Choice

An example of a public good is:

• A) national defense
• B) an apple.
• C) a seat in a bus.
• D) Pay- Per- View broadcasts.

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Definitions:

New Businesses

Entities that have been recently established to pursue commercial, social, or other forms of organizational goals.

State Regulation

Laws and rules established by governmental entities at the state level to control or direct the behavior of individuals, businesses, and other organizations.

Franchising

A method of distributing products or services which involves a franchisor, who establishes the brand's trademark or business system, and a franchisee, who pays a royalty to operate a business under the franchisor's name and system.

Protect Franchisees

The act of safeguarding the rights and interests of franchisees through legal, operational, or contractual measures.