Which of the Following Is a Property of a Public

question 32

Multiple Choice

Which of the following is a property of a public good?

• A) People who do not pay do not get access to a public good.
• B) Only selected people can consume benefits.
• C) Public good is provided by the market.
• D) Users collectively consume benefits.

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Definitions:

Wooden Sculpture

A piece of art or decorative object carved from wood.

Safety Hazard

A condition in the workplace or environment that has the potential to cause harm or injury to people.

Market Equilibrium

A condition where the quantity of a good or service supplied equals the quantity demanded, leading to no upward or downward pressure on price.

Inefficient

A situation where resources are not used in the most effective way, leading to potential waste or lost opportunities.