The sun has features of a:
A) public good -it shines on everyone
B) common resource-everyone in society can use it for warmth and light.
C) rival good that can easily be made excludable.
D) private good since solar energy can be marketed.
Correct Answer:
Verified
Q49: People have little incentive to produce a
Q50: An example of a private good would
Q51: The city government taxes its residents to
Q52: Compared to private goods, the free market
Q53: Which of the following statements is TRUE?
I.
Q55: A major difference between a private good
Q56: A tornado warning siren is an example
Q57: Suppose your city has had an increase
Q58: Hamburgers are example of goods that are:
A)
Q59: Private goods:
I. are excludable.
II. can be priced.
III.
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