All of the Following Are Examples of Public Goods Except

question 77

Multiple Choice

All of the following are examples of public goods except

• A)broadcast television with commercials.
• B)clean water systems.
• C)stock of knowledge in the public domain.
• D)crime prevention.

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Definitions:

Cigarette Ban

A cigarette ban is a public policy that prohibits the sale, consumption, and/or advertisement of cigarettes in order to protect public health.

Market Effects

The impact of economic events or policies on the broader market, including changes in prices, demand, and supply.

Subsidy Benefit

Financial assistance provided by the government to an individual or organization, aiming to reduce costs and encourage specific economic activities.

Demand Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with high elasticity indicating a significant response.