An Internet site that maintains a database of product reviews that anyone can access and that has advertisement banners is:
A. a government provided public good.
B. a privately provided public good.
C. a private good.
D. a privately provided collective good.
Answer: B
You might also like to view...
What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer
What will be an ideal response?
If the government increases spending but does not raise taxes
A) aggregate demand will increase without any effect on the price level. B) borrowing by the government will take place. C) the government will have to sell some assets, such as oil and national parks. D) the government will have to either lower expenditures or raise taxes the next year.
Which would indicate that a firm is operating under conditions of pure competition and is being productively efficient?
A. It is making economic profits in the long run. B. Marginal cost equals average variable cost. C. Its marginal revenue is less than average revenue. D. It produces at the minimum average total cost.
Cara wants to be a personal trainer for professional athletes. Which of Cara's skills most relates to her career choice?
A. Financial understanding B. Musical ability C. Data analysis D. Relating to people