What are the characteristics of a public good


Discussion

1. What are the characteristics of a "public good"? Why is it difficult for a private company to provide a public good?

2. What is the economic impact of government price controls? Provide an example of price controls in the healthcare area.

3. What economic rationale supports the government provision of health insurance to the poor?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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