In Deciding Whether a Good Is a Public Good, One

question 410

Multiple Choice

In deciding whether a good is a public good, one must determine the

• A)incomes of those who benefit from the good.
• B)value of the external benefits that accrue to resource owners.
• C)excludability of the good.
• D)All of the above are correct.

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Definitions:

B.F. Skinner

An American psychologist known for his work in behaviorism and the development of the theory of operant conditioning.

Principles

Basic principles or assertions that underpin a belief system or form the basis for a sequence of logical thought.

Behaviorism Perspective

A psychological approach that focuses on observable behaviors and the ways in which they're learned, excluding thoughts and feelings from its analysis.

Pleasing

Evoking a sense of happiness or satisfaction.