Which of the following quotations describes a nonexcludable and nonrival good?
A) "Mom,Ashley is looking at me."
B) "Mom,Morgan won't let me watch the Backyardigans because she is watching Dora the Explorer."
C) "Mom,Harrison won't let me in his room."
D) "Mom,Taylor told me on the phone that he is also watching the Backyardigans on TV at his house,but I'm not allowed to go over there."
E) "Mom said everyone in this house gets to enjoy the flowers in the garden."
Correct Answer:
Verified
Q4: A common resource is
A)rival and either excludable
Q5: A natural monopoly good is
A)nonrival and nonexcludable.
B)rival
Q6: Which one of the following goods exhibits
Q7: Which one of the following goods is
Q8: Private goods are
A)nonrival and excludable.
B)nonrival and nonexcludable.
C)always
Q10: A good that is rival and nonexcludable
Q11: When a city street is not congested,it
Q12: If a good is a public good,
A)anyone
Q13: An example of common resource is
A)fish in
Q14: The air in the atmosphere is
A)nonrival and
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