Business, 26.11.2019 06:31 denym58

Which of the following goods is the best example of a public good? a. garbage-collection services that are provided by a municipal government b. music that is broadcast over the airwaves by a privately-owned fm radio station c. electricity that is provided to farmhouses by a rural electric cooperative d. cable tv services that are provided by a privately-owned firm that is regulated by the government of the city in which it operates 2. which of the following is an example of the free-rider problem? a. both zoe and zach receive low-cost dental care at the local dental school, so neither of them pays the full cost of the care b. alfred receives a free lunch from the local "meals on wheels" program because of his lovw monthly income yet his next door neighbor, alice, is not eligible for the free lunch. c. bruce owns buster, a large dog who barks whenever anyone walks near his house. betty lives next to bruce, and buster's barking can be heard whenever anyone walks near her house, too. thus, betty receives free protection from burglars because of buster's barking. d. sam purchases a burger at a fast food restaurant and gets a second burger free because the restaurant is having a buy one, get one free sale 3. which of the following is a disadvantage of government provision of a public good such as national defense? (1)the government does not know the exact willingness of consumers to pay foir the public good. public good than when the private sector provides a public good. government should provide. (ii)the free-rider problem is more likely to occur when the government provides a (iii)taxpayers do not agree on the optimal quantity of the public good that the a. () only b. (i) and (ii) only c. i) and (ii) only d. (c), (i), and (ii)

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Which of the following goods is the best example of a public good? a. garbage-collection services t...