Which of the following quotations describes a rival good?
A) "Mom,Ashley is looking at me."
B) "Mom,Morgan won't let me watch the Backyardigans because she is watching Dora the Explorer."
C) "Mom,Harrison won't let me in his room."
D) "Mom,Taylor told me on the phone that he is also watching the Backyardigans on TV at his house."
E) "Mom said everyone in this house gets to enjoy the flowers in the garden."
Correct Answer:
Verified
Q11: When a city street is not congested,it
Q12: If a good is a public good,
A)anyone
Q13: An example of common resource is
A)fish in
Q14: The air in the atmosphere is
A)nonrival and
Q15: When a good is nonrival and nonexcludable,it
Q17: Which one of the following goods is
Q18: When a good is rival and excludable,it
Q19: A public good is
A)nonrival and nonexcludable.
B)produced by
Q20: When a city street is congested,it is
A)a
Q21: Suppose in a country there are only
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents