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Pradeep Thirukumaran
on Oct 26, 2024

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Volunteer fire departments are good examples of the _____ provision of _____.

A) private;private goods
B) public;common resources
C) private;public goods
D) public;artificially scarce goods

Volunteer Fire Departments

Firefighting organizations primarily made up of volunteers who provide emergency firefighting and rescue services to their communities.

Provision

The act of supplying or making available goods or services in the market.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they are available for everyone to consume without reducing the amount available for others.

  • Recognize instances of public commodities and shared assets.
  • Comprehend the function of the government in delivering public goods and tackling issues related to externalities.
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Harkamal singh DhaliwalOct 29, 2024
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