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Other Fields Homework Help Economics Topic started by: Mandolina on May 25, 2017



Title: If a private firm were to sell a "public good,"
Post by: Mandolina on May 25, 2017
If a private firm were to sell a "public good,"
A) its owners would be fined or imprisoned for violating the law.
B) it would probably lose money and go out of business.
C) more of the product would be produced than is socially optimal.
D) its sale would have to be carefully regulated to protect consumers from unreasonable prices.
E) there would probably be concerns about environmental safety around the production facility.


Title: Re: If a private firm were to sell a "public good,"
Post by: Vila on May 25, 2017
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Title: Re: If a private firm were to sell a "public good,"
Post by: Mandolina on Jun 25, 2017
This business course was seriously killing me