The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various points along the Turnpike based on the distance they traveled on the freeway. Suppose that despite the tolls, many motorists in the urban areas use the Turnpike causing traffic to slow during peak times. What type of good would the Turnpike be classified as in this case?
A) Private good
B) Club good
C) Common resource
D) Public good
Correct Answer:
Verified
Q129: Figure 11-1 Q130: Because public goods are Q131: Pay-per-view broadcasts are
A)excludable, people have an
A)private goods.
B)club goods.
C)common resources.
D)public goods.
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