Public goods are:
A) excludable and rival.
B) excludable and nonrival.
C) nonexcludable and rival.
D) nonexcludable and nonrival.
Correct Answer:
Verified
Q32: When a good is excludable:
A) one person's
Q33: Wealthy industrialist Henry Hawk fears an asteroid
Q34: State highways are an example of a:
A)
Q35: Private goods are:
A) excludable and rival.
B) excludable
Q36: Private goods are both:
A) rival and nonexcludable.
B)
Q38: Ocean tuna is an example of a:
A)
Q39: The difference between private goods and common
Q40: Common resources are:
A) excludable and rival.
B) excludable
Q41: Which of the following statements is FALSE?
A)
Q42: A free rider is a person who:
A)
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