Public Goods Overview Quiz

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10 Questions

What is a characteristic of public goods?

What is the marginal cost for the first user of a public good?

Which of the following is an example of a pure public good?

What is a characteristic of pure private goods?

What is the main problem associated with public goods?

What is a characteristic of public goods?

Which of the following is an example of a pure public good?

What is the marginal cost for the first user of a public good?

What is a characteristic of pure private goods?

What is the main problem associated with public goods?

Description

Test your knowledge of public goods with this quiz covering the definition, characteristics, demand, efficient output, and the free-rider problem associated with public goods.

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