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A public good is an example of a:

market failure

monopoly

charity

none of the above

1 Answer

5 votes

Answer:

IF PERTAINING TO BUSINESS: None of the above

IN GENERAL: Charity

Step-by-step explanation:

BUSINESS RELATED: In terms of a good for business, its like a product that a consumer can buy. This does not attribute to market failure, monopoly or chairty.

IN GENERAL: A good public deed is charity.

Basically, if it is a business class, it is none of the above. If it is not a business class. It is charity.

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