All of the Following Are True About Public Goods EXCEPT

question 23

Multiple Choice

All of the following are true about public goods EXCEPT:

• A) bestow collective benefits on members of society.
• B) are non-excludable since those who do not pay for them cannot be excluded from enjoying them.
• C) will be under supplied by the private sector.
• D) are only produced by government agencies.

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Definitions:

Black Shipbuilder

Refers to an African American or an individual of African descent who is skilled in designing, constructing, and repairing ships.

Freetown

The capital city of Sierra Leone, founded as a home for repatriated African Americans and rescued slaves in the late 18th century.

Colonization

The process by which a country takes control of land and establishes its government, often resulting in the exploitation and displacement of indigenous populations.

Professional Black Painter

An African American artist who engages in painting as a professional career, often exploring themes of racial identity, cultural heritage, and social justice.