Table: Example Goods A Watermelon A Lighthouse Smog Reduction Online Video Games Cable Internet Service National Defense A Private Beach A Public Beach A Pencil Soup Kitchen Meals A Chair Toll Highways Public Roads Reference: Ref 18-2 (Table: Example Goods) Refer to the table. Which of the following contains only excludable and nonrival goods from the table?
A) cable Internet service, toll highways, public roads, soup kitchen meals
B) online video games, a private beach, toll highways, cable Internet service
C) public beaches, soup kitchen meals, public roads, smog reduction
D) national defense, a lighthouse, smog reduction, cable Internet service
Correct Answer:
Verified
Q2: An excludable good is:
A) one that is
Q3: Table: Example Goods A Watermelon A Lighthouse
Q4: A person _ be cheaply prevented from
Q6: Suppose that a private-sector firm produces two
Q7: Table: Example Goods A Watermelon A Lighthouse
Q9: Table: Example Goods A Watermelon A Lighthouse
Q11: Table: Example Goods A Watermelon A Lighthouse
Q17: A public good is:
A) nonrival and nonexcludable.
B)
Q18: A rival good is one where:
A) one
Q29: A good is excludable if:
A) the government
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