Clean Air Is an Example of Which of the Following

question 22

Multiple Choice

Clean air is an example of which of the following that no one can be excluded from and that benefits all citizens?

• A) Private goods
• B) General welfare
• C) Public goods
• D) Self-interest
• E) Public policy

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Definitions:

Average Revenue

The amount of revenue generated per unit of output sold, calculated by dividing total revenue by the quantity of units sold.

Total Revenue

The total amount of money generated by the sale of goods or services before any costs are subtracted.