An example of a good that is rival in consumption is:
A) a hamburger.
B) radio signals broadcast over the air.
C) national defense.
D) None of these goods is rival in consumption.
Correct Answer:
Verified
Q26: A smartphone would be considered:
A)a common resource.
B)a
Q26: The free rider problem is caused by:
A)the
Q27: An example of a good that is
Q28: A public good is:
A) rival in consumption
Q31: When a good is not easily excludable,what
Q32: Goods that are neither rival in consumption
Q35: Cookies would be considered:
A) a common resource.
B)
Q37: Traffic lights would be considered:
A)a common resource.
B)a
Q40: Fireworks would be considered:
A)a common resource.
B)a private
Q42: Markets work well for allocating _ efficiently,
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