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Subject - Economics:

Microeconomics

MCQ - 7-4017

Question:

Which of the following is the best example of a public good?

  1. Private violin lessons
  2. The volunteer fire department in your community
  3. A $1 ticket for admission to a museum
  4. The volunteer fire department in your community
  5. A history textbook

Correct Answer: B

Explanation:

Public goods like police and fire protection are received by all citizens, even if they do not pay.

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Record Performance

269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: Which of the following is the best example of a public good? , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 7-4017.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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