Highway traffic is a mixed good because
A) some people like it and others do not
B) drivers creates costs that are borne by other drivers
C) it is not free of charge
D) because highways are rivalrous,but not easily excludable
E) because highways are excludable,but not easily rival
Correct Answer:
Verified
Q102: If production of a good creates negative
Q103: Road traffic
A)should be provided free of charge
B)is
Q104: Which of the following is an example
Q105: When a negative externality exists,the marginal social
Q106: Existing computer software
A)is a public good
B)is excludable
Q108: To achieve economic efficiency,a pure public good
A)would
Q109: A candy bar is an example of
Q110: Pure public goods
A)are goods that are provided
Q111: Additional highway traffic
A)creates a positive externality
B)creates a
Q112: If consumption of a good creates positive
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents