Private provision of goods can be efficient when the goods are:
A) non- rivalrous
B) non- excludable
C) non- durable
D) not scarce
Correct Answer:
Verified
Q9: The cost- benefit analysis is fraught with
Q10: Positive externalities are created when:
A)farmers spray pesticide
Q11: According to the Coase theorem part I,
Q12: Market demand for a public good is:
A)obtained
Q13: The Coase theorem does not hold when:
A)distortionary
Q15: Transaction costs:
A)are information costs, but information costs
Q16: The presence of negative externalities:
A)does not create
Q17: An economic property right and a legal
Q18: The fundamental reason for the existence of
Q19: Suppose you live on the main floor
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