Which of the following are private goods and might, therefore, be provided in socially optimal amounts by
Question:
a. A swimming pool large enough to accommodate hundreds of people.
b. A fireworks display.
c. A heart transplant.
d. Vaccination against a highly contagious disease.
e. A wilderness area.
f. Vocational education.
g. On-the-job training.
h. Secondary education.
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a A swimming pool large enough to accommodate hundreds of people does not seem to have either of the characteristics of a public good non rivalrous consumption or costliness of excluding nonpaying con...View the full answer
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