Which of the following is a good that is rival in consumption?
A) A sweater
B) Bottled water
C) Tap water
D) All of these are goods that are rival in consumption.
Correct Answer:
Verified
Q34: Which of the following is a public
Q35: Which type of good is rival in
Q36: A road would be considered a public
Q37: Traffic lights would be considered:
A)a common resource.
B)a
Q38: Which type of good is excludable, but
Q40: Fireworks would be considered:
A)a common resource.
B)a private
Q41: Local governments, rather than private citizens, are
Q42: Markets work well for allocating _ efficiently,
Q43: The free rider problem is caused by
Q44: One way to solve the free rider
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