A Lighthouse Is Typically Considered to Be a Public Good

question 90

Multiple Choice

A lighthouse is typically considered to be a public good because

• A)the owner of the lighthouse is able to exclude beneficiaries from enjoying the lighthouse.
• B)there is rarely another lighthouse nearby to provide competition.
• C)a nearby port authority cannot avoid paying fees to the lighthouse owner.
• D)all passing ships are able to enjoy the benefits of the lighthouse without paying.

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Definitions:

Social Movement Unionism

A labor union strategy that combines traditional union organizing with broader social and political activism, often aligning with various social movements.

New Public Management

An approach to running public sector organizations that is inspired by private sector management techniques, focusing on efficiency, performance measurement, and the use of market mechanisms.

Undue Emphasis

Placing an excessive or disproportionate level of importance on a particular aspect, often leading to imbalance or distortion.

Public Values

Principles or standards regarded as important and beneficial by the general public or society at large.