There is much world concern over the deteriorating condition of the Pyramids and other historical structures in Egypt.While people of all nations enjoy visiting these structures, there has been little financial support for preservation coming from within Egypt or from elsewhere.Economists would describe this as an example of
A) an externality.
B) a public good.
C) a free rider problem.
D) imperfect information.
Correct Answer:
Verified
Q122: National defense and coastal lighthouses are examples
Q124: Because smoking causes illness and disability to
Q128: Public goods are
A)valuable socially.
B)not depletable and not
Q130: Governments can most effectively encourage a firm
Q131: Governments can deal with externalities through the
Q131: A public good is
A)always depletable and excludable.
B)always
Q136: Producers of computer software are plagued with
Q137: Without government intervention, public goods would
A)be much
Q138: Effective methods of dealing with externalities would
Q140: The "free rider" problem occurs when a
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