Clean water in a river is nonexcludable because:
A) it is not possible to prevent consumption by people who do not pay for it.
B) more than one person can consume the same unit of the good at the same time.
C) individuals ignore the effect their use has on the amount of the resource remaining for others.
D) consumption is inefficiently low.
Correct Answer:
Verified
Q6: Which good is MOST likely a public
Q7: Which example BEST fits the characteristics of
Q8: Which good is MOST likely an artificially
Q9: A good is MOST likely to be
Q10: A(n)_ is excludable and rival in consumption.
A)private
Q12: The BEST example of a private good
Q13: A private good is _ in consumption.
A)excludable
Q14: A public good is a good or
Q15: Which good BEST fits the characteristics of
Q16: Which example is considered a nonexcludable good?
A)health
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