Which of the following is likely to cause a market failure and be over consumed?
A) Cable TV
B) Grazing pastureland
C) Public health
D) Education
Correct Answer:
Verified
Q4: Most goods are:
A)exclusive.
B)public goods.
C)rival in consumption.
D)nonrival in
Q5: An example of an excludable good or
Q6: When a good is rival in consumption:
A)
Q7: The problem caused by goods that are
Q11: When a good ends up over consumed
Q12: Which of the following is likely to
Q13: Private goods are:
A) not rival in consumption,
Q14: Which of the following goods is most
Q14: When a good is excludable:
A) one person's
Q15: When a good ends up undersupplied,we can
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