Because it is
A) neither excludable nor rival in consumption, a tornado siren is a common resource.
B) neither excludable nor rival in consumption, a tornado siren is a public good.
C) excludable but not rival in consumption, a tornado siren is produced by a natural monopoly.
D) rival in consumption but not excludable, a tornado siren is a common resource.
Correct Answer:
Verified
Q131: Pay-per-view broadcasts are
A)private goods.
B)club goods.
C)common resources.
D)public goods.
Q323: Which of the following goods is excludable
Q348: An internet radio broadcast is
A)excludable and rival
Q353: A mobile phone is a
A)private good.
B)club good.
C)common
Q355: At the local park there is a
Q358: A cable television broadcast of a movie
Q360: The Mansfield Public Library has a large
Q363: Figure 11-1 Q365: Because it is Q377: Figure 11-1 ![]()
A)excludable but not rival in![]()
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