Which of the Following Are Examples of Pure Public Goods

question 16

Multiple Choice

Which of the following are examples of pure public goods?

• A) cable television services, electrical utilities
• B) automobiles, houses, DVDs
• C) air, water, wildlife
• D) national defense, air, public parks

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Definitions:

Receivables Turnover Ratio

A financial metric that measures a company's effectiveness in extending credit and collecting debts, calculated by dividing net credit sales by the average accounts receivable.

Net Sales

The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.

Accounts Receivable

Funds that customers owe to a business for products or services that have been received but remain unpaid.

Bad Debt Expense

The cost associated with accounts receivable that a company is unable to collect.