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.Management Sciences
A. Is provided by the government
B. Is free
C. Has the properties of being non-excludable and non-diminishable
D. Gas external costs
Related Mcqs:
- A shift is demand will have more effect on price than quantity if ?
- A. The price elasticity of supply is price inelastic B. The price elasticity of supply is price elastic C. The price elasticity of supply is perfectly elastic D. The price elasticity of supply is infinity...
- Where a tax can be shifted, the incidence depends on ?
- A. Whether there is perfect or imperfect information B. elasticities of demand and supply C. how many producers there are: D. who is legally obliged to pay the tax...
- A monopolistic market has ?
- A. many buyers and sellers B. none of these answers C. firms that are price takers D. only one seller...
- The price mechanism cannot ?
- A. Act as a signal B. Act as a incentive C. Act as a rationing device D. shift the demand curve...
- Market failure may arise because of ?
- A. imperfect competition B. taxation C. externalities D. missing markets E. all of the above...
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