Identify the Correct Statement

question 59

Multiple Choice

Identify the correct statement:

• A)Public goods are usually associated with negative externalities.
• B)As public goods provide benefits to multiple consumers,it must be provided by the government.
• C)Public goods are usually overproduced.
• D)Public goods can result in inefficiency even if perfect competition prevails.

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Definitions:

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Class

In object-oriented programming, a template for creating objects that defines a common set of properties and methods for those objects.

Compilers

Programs that translate source code written in a high-level programming language into machine code that a computer can execute.

Software Development Life Cycle (SDLC)

A process for planning, creating, testing, and deploying an information system.