Identify the type of good described by each of the following statements a)Owned by no one but the government b)Produced to be used in the production...

      

Identify the type of good described by each of the following statements
a)Owned by no one but the government
b)Produced to be used in the production of other goods.
c)Available in abundance as gifts of nature
d)Have monetary value and human effort is needed to obtain them

  

Answers


Kavungya
a)Public good
b)Producer good
c)Free good
d)Economic good
Kavungya answered the question on September 26, 2019 at 10:01


Next: Explain the following terms as used in the word processing a). indenting b). Foot note c). Endnote
Previous: The following entries were made in the two column cash of Dot-com traders. Explain each of the entries.

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions