Which of the Following Is Not True for a Public

question 171

Multiple Choice

Which of the following is not true for a public good?

• A)Marginal cost of serving public good to one more person is zero.
• B)Free-rider problem arises in case of public goods.
• C)Exclusion is not possible in most of the public goods.
• D)Public goods include only material commodities.

---

Definitions:

Level Of Significance

A threshold in hypothesis testing that determines the critical probability at which the null hypothesis is rejected.

Book Readership

The number or demographic profile of people who read books.

Household Income

The total amount of money earned by every member of a single household.

College Students

Individuals who are enrolled in a college or university program leading to an undergraduate or graduate degree.