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18 Aug 2020
Which of the following is a critical rule for determining whether something is a public good?
1. The benefit to each individual who uses the facility is greater than the cost.
2. The benefits of the facility are greater for the society than for the individuals using it.
3. The total benefits to society are greater than the total cost.
4. The total cost is small for each individual taxpayer.
Which of the following is a critical rule for determining whether something is a public good?
1. The benefit to each individual who uses the facility is greater than the cost.
2. The benefits of the facility are greater for the society than for the individuals using it.
3. The total benefits to society are greater than the total cost.
4. The total cost is small for each individual taxpayer.
2. The benefits of the facility are greater for the society than for the individuals using it.
3. The total benefits to society are greater than the total cost.
4. The total cost is small for each individual taxpayer.
Sonal BahlLv10
21 Oct 2020
