Which of the Following Is the Best Example of a Public

question 52

Multiple Choice

Which of the following is the best example of a public good?

• A) a computer
• B) the interstate highway system
• C) the airline industry
• D) Wall Street
• E) an iPhone

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Definitions:

Lorde

A reference likely to Audre Lorde, a Caribbean-American writer, radical feminist, womanist, lesbian, and civil rights activist known for her work on race, gender, and sexuality.

Test And Learn

A method that involves experimenting with ideas to gather data and insights for making informed decisions.

Experimentation

The process of conducting trials to test hypotheses, explore new ideas, or validate the effects of changes.

Established Companies

Firms that have been in business for a significant period and have developed a stable, profitable business model.