A Public Good Is

question 42

Multiple Choice

A public good is:

• A)a good or service for which it is relatively easy to exclude nonpaying customers from consumption.
• B)​a good or service that is consumed by both the paying and nonpaying customers.
• C)any good or service that is produced by the government.
• D)a good or service that is consumed by private individuals and financed by private contributions.

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Definitions:

Corporate Tax Rates

The rates at which corporations are taxed on their profits by the government.

Capital Structure

The mix of debt and equity financing used by a firm to finance its operations and growth.

Business Risk

The exposure a company or investor has due to uncertainties in the operating environment, including market demand, supply costs, and competition.

Financial Risk

The probability of loss inherent in financial operations, such as changes in market prices, interest rates, or credit quality.