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