A Characteristic of a Public Good Is That a Public

question 358

Multiple Choice

A characteristic of a public good is that a public good is provided

• A) to some businesses, but not to others.
• B) only in some states.
• C) to low income residents in some states.
• D) to many individuals at no additional cost.

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Definitions:

Government

The organization or system through which a community or society is governed, often involving institutions and political mechanisms.

Less Developed

A term referring to countries with lower levels of industrialization, lower standard of living, and lower Human Development Index (HDI) scores.

Agricultural Output

The total amount of agricultural products produced within a specific period.

Industrial Output

The total value of the goods and services produced by a country's industrial sector.