Question

Which of the following is an example of public provision​?

A. Many companies offer electronic goods at cheaper rates on Thanksgiving.

B. The conference is providing lunch to all its registered participants.

C. Apple is introducing the cheaper iPhone 5C to increase its customer base.

D. The Department of Transportation has completed twinning of Highway 63 to improve safety and accommodate economic activity.

Answer 1

Answer is option D)

Highways are both non-rival & non- excludable , & it's provision takes place via imposing taxes on public.

Public provision imply provision of public goods by the government.

Public goods are both non-rival & non- excludable in nature

So option b is wrong, bcoz those who didn't register, will not get lunch,hence excludable in nature.

Option c & a are wrong, bcoz iPhone & electronic goods are private goods, & are provided at a discount to increase their revenue.