Economics Homework Help
Public goods are often thought to be goods or services that are provided by the government, but that is confusing
Public goods are often thought to be goods or services that are provided by the government, but that is confusing
cause and effect. What are the characteristics of a public good? Hint: Who provides the public good is not one of the characteristics.
Consider open educational resources (OER), for example, open textbooks. These are available free online from companies like OpenStax College and Lumen Learning. Make a case for why OER can be considered public goods. Hint: Who covers the cost of providing these products and why is that relevant to your answer?