A Public Good

question 126

Multiple Choice

A public good

• A) generally results in substantial negative externalities.
• B) can never be provided by a nongovernmental organization.
• C) costs essentially nothing to produce and is thus provided by the government at a zero price.
• D) can't be provided to one person without making it available to others as well.

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Definitions:

Direct Cross-Subsidies

A financial support system where the revenue from one product or service is used to support another within the same organization.

Cell Phone Company

A business entity that provides services and products related to mobile communications, including handset sales, network connectivity, and customer service.

Data Usage Plan

A billing arrangement with a telecommunications or internet provider specifying the amount of data that can be used for a certain fee.

Frequency

The rate at which an event or transaction occurs over a particular period of time.