If a good becomes less valuable as a result of one consumer's use of the good,but does not become worthless to other consumers,that good is:
A) purely excludable.
B) partially excludable.
C) purely rival.
D) partially rival.
Correct Answer:
Verified
Q2: Public goods:
A) are likely to be underprovided
Q3: If it is not possible to prevent
Q4: A good for which the price is
Q5: If one person consumes a good,so that
Q6: The underprovision of public goods by a
Q8: Which is a property of a private
Q9: If individuals care about the outcomes for
Q10: Which activity is considered altruistic?
A) planting flowers
Q11: What property must a good satisfy to
Q12: Which statement is generally TRUE?
A) Private markets
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