Sirens located around a town to warn citizens of the approach of a tornado are an example of
A) an external cost.
B) a private good.
C) a common resource.
D) a public good.
Correct Answer:
Verified
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Q3: Goods that are nonrival in consumption and
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Q7: Which of the following is NOT an
Q8: Which of the following contains most of
Q9: Which of the following situations contains most
Q10: Public goods
A) have nonexcludable benefits.
B) are not
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A) rival in consumption, and
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