Which of the Following Is the Best Example of a Public

question 192

Multiple Choice

Which of the following is the best example of a public good?

• A)a national system of healthcare
• B)​an amusement park
• C)city street lights
• D)telephone service

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Definitions:

Increase in Income

An upward movement in earnings or revenue, signaling growth or improvement in financial performance.

Variable Cost

A cost that changes in proportion with the level of output or activity; in contrast to fixed costs, which remain constant regardless of activity.

Transfer Price

The price at which goods or services are transferred between departments or divisions within the same company.

Increase in Income

A rise in the amount of money received, especially by a business or individual, over a certain period.