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Which of the following statements about public goods is correct?

Which of the following statements about public goods is correct?

A.

Public goods are defined as those goods provided by the state

B.

Public goods are examples of free goods

C.

Public goods are characterized by the free-rider problem

D.

The problem of scarcity does not affect the provision of public goods

CIMA BA1 Summary

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  • Product: BA1
  • Update on: Jul 28, 2025
  • Questions: 468
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