The marginal cost of making a given quantity of a congestible public good available to more con?sumers is:
A) always zero.
B) positive and increasing.
C) positive and decreasing.
D) zero at first but eventually becomes positive and increasing.
Correct Answer:
Verified
Q16: Bread is an example of a good
Q17: Private education is an example of a
Q18: It is possible to price a pure
Q19: A congestible public good is one for
Q20: The marginal cost of providing a certain
Q22: A means of creating a price-excludable public
Q23: The demand curve for a pure public
Q24: The principle of nonexclusion for pure public
Q25: Education is:
A)a pure public good.
B)a pure private
Q26: The free-rider problem:
A)becomes more serious as the
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