Public Goods

question 147

Multiple Choice

Public goods

• A) are overproduced by unrestrained markets.
• B) are simply private goods that the government provides.
• C) cannot be consumed by more than one person without the degradation of the value of the good.
• D) can be consumed by more than one person without degradation of the value of the good.

---

Definitions:

Performance Deficiencies

Shortcomings or gaps in an individual's or organization's ability to perform at the expected level.

Managerial Responsibility

The obligation of managers to make decisions and take actions that aim to achieve the organization's goals.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.

Performance Problem

Issues related to the efficiency or quality of work conducted by an individual or group within an organization.