In economics, a public good?

a. is any good produced by the government.

d. cannot be denied to consumers who have not paid.

b. has social costs of production lower than private costs of production.

c. is provided in an optimal amount by the market.

Question

Shawn Pacheco

3 February, 13:16

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Harper Parks · Answer 1

Cannot be denied to consumers who have not paid

In economics, a public good?a. is any good produced by the government.d. cannot be denied to consumers who have not paid.b. has social costs of production lower than private costs of production.c. is provided in an optimal amount by the market.