A. excludable
B. a common resource
C. a public goods
D. rival
If a person can be prevented from using a good, the good is said to be ? Read More »
Economics Mcqs, Public Goods A. a firework displays
B. national defense
C. iron one
D. a national park
Which of the following is an example of a common resource ? Read More »
Economics Mcqs, Public Goods A. an excludable good.
B. a private good
C. a common resource
D. a public good.
A negative externality affect market efficiency in a manner similar to ? Read More »
Economics Mcqs, Public Goods A. rival good
B. public good
C. private good
D. common resource
A positive externality affects market efficiency in a manner similar to a ? Read More »
Economics Mcqs, Public Goods A. receives the benefits of a good but avoids paying for it.
B. pays for a good but fails to receive any benefit from the good
C. fails to produce goods but is allowed to consume goods.
D. produces a good but fails to receive payment for the good
A free rider is a person who ? Read More »
Economics Mcqs, Public Goods A. the rivalness problem
B. the public goods problem
C. the Tragedy of the Commons.
D. The free-rider problem.
Public goods are difficult for a private market to provide due to ? Read More »
Economics Mcqs, Public Goods A. rival but not excludable
B. neither rival nor excludable
C. not rival but excludable
D. both rival and excludable
A good produced by a natural monopoly is ? Read More »
Economics Mcqs, Public Goods A. neither rival nor excludable
B. rival but not excludable.
C. both rival but excludable
D. not rival but excludable
A public good is ? Read More »
Economics Mcqs, Public Goods A. excess baggage
B. a free rider
C. a costly rider
D. a common resource
E. an unwelcome rider
A. a good produced by a natural monopoly
B. a private good
C. a public good
D. a common resource
A congested toll road is ? Read More »
Economics Mcqs, Public Goods