Which of the following is a characteristic of a public good?

a. You must pay each time you use it.

b. It is typically maintained for private use.

c. The cost to build it is the same, regardless of how many people use it. d. You can apply for one if you plan to share it with the public.

Question

Business

Nicholas Chang

29 April, 07:53

Which of the following is a characteristic of a public good?

a. You must pay each time you use it.

b. It is typically maintained for private use.

c. The cost to build it is the same, regardless of how many people use it. d. You can apply for one if you plan to share it with the public.

+5

Answers (1)

Know the Answer?

Nathalia Bradshaw · Answer 1

C, I guess? A park is a public good. Roads are a public good. The initial cost to build it is the same no matter how many people use it, but the more folks use it, the higher maintenance costs will be ...

Which of the following is a characteristic of a public good?a. You must pay each time you use it.b. It is typically maintained for private use.c. The cost to build it is the same, regardless of how many people use it. d. You can apply for one if you plan to share it with the public.

Which of the following is a characteristic of a public good?

a. You must pay each time you use it.

b. It is typically maintained for private use.

c. The cost to build it is the same, regardless of how many people use it. d. You can apply for one if you plan to share it with the public.