F5: Public Goods and Services

By Stephanie Foy
Last updated almost 6 years ago
5 Questions

Who produces public goods in the United States?

Fill in the blank: In order for the market to effectively and efficiently produce a good or service, entrepreneurs must be able to make a ______________________________.

One characteristic of a public good is that many people can enjoy/consume the good simultaneously. This is called

Which of the following meets the characteristics of a pure public good?

The government should produce the good or service as a public good if