A museum exhibition is excludable because it is possible to prevent someone from seeing the show.
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Q4: Prices will always regulate consumption adequately because
Q5: When one person enjoys the benefit of
Q6: A free rider is someone who receives
Q7: The government subsidises basic research in mathematics,
Q8: Unemployment benefits are an example of a
Q10: Raising the living standards of the poor
Q12: In modern industrialised economies there are goods
Q13: In nearly all cases the government can
Q14: The private market fails to correct for
Q17: When goods are available free of charge,
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