
Public/Private Sector Review
Authored by Kelley Michelle Camp
Business
10th Grade
Used 8+ times

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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a public good?
It is rivalrous.
It is excludable.
It is non-rivalrous.
It is paid for with private funds.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean for a good to be non-excludable?
It can be provided for one without providing for all.
It is impossible or impractical to provide for one without providing for all.
It goes away as it is consumed.
It is paid for with private funds.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are public goods typically funded?
Through private donations.
Through tax revenue.
Through user fees.
Through loans.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which sector would goods funded by the government for the use of all people be found?
market
business
private
public
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector is typically driven by profit motives and competition?
Public Sector
Private Sector
Non-Profit Sector
Informal Sector
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common characteristic of the public sector?
Profit-driven
Funded by taxes
Operates in informal economy
Focuses on individual gain
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector is more likely to be involved in the provision of healthcare and education services?
Public Sector
Private Sector
Non-Profit Sector
Informal Sector
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