cobmoosa otto market goods failure


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Storyboard Text

  • Are streetlights a public good ma'am?
  • Yes streetlights are public goods.
  • Parks are also a public good.
  • Mom, what's a public good?
  • A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
  • This fresh air is great.
  • This fresh air is a public good!
  • The Tv waves and Radio waves in the air are a public good.
  • Public goods come at no cost to citizens, yet benefits us greatly.
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