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Your State Department of Transportation Is Considering Installing Toll Booths

Question 13

Multiple Choice

Your state department of transportation is considering installing toll booths with gates on a quiet section of highway. If this is done, a good that is currently a:


A) public good will become a private good.
B) nonrival good will become a rival good.
C) nonexcludable good will become an excludable good.
D) rival good will become an excludable good.

Correct Answer:

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