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What is critical in determining whether something is produced as a public good​

1 Answer

3 votes

Answer:

Whether the benefits to society are greater than the total cost.

Step-by-step explanation:

A public good is a good that has two main characteristics: first, individuals cannot be excluded from its use, and second, the use of it by one individual does not reduce its availability to others. Public goods, therefore, include things such as public knowledge, common language, street lighting and public libraries.

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User Satyabrat Sahoo
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