Big road inc., a private company, is hired to build and run a state’s entire road system. the company charges high fees to use its roads. it maintains the roads only in heavily populated areas. which of the following describes this project?
a. positive externality
b. public good
c. market failure
d. negative externality
Answers: 2
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Big road inc., a private company, is hired to build and run a state’s entire road system. the compan...
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