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.Management Sciences
A. a good produced by a natural monopoly
B. a private good
C. a public good
D. a common resource
Related Mcqs:
- When government employ cost-benefit analysis to help them decide whether to provide a public good, measuring benefits is difficult because ?
- A. there are no benefits to the public since a public good is not excludable B. the benefits are infinite because a public good is not rival and an infinite amount of people can consume it at the same time C. one can never place a value on human life or the environment D. respondents … When government employ cost-benefit analysis to help them decide whether to provide a public good, measuring benefits is difficult because ?Read More...
- The Tragedy of the Commons is a parable that illustrates why?
- A. common resources are overconsumed B. public goods are underproduced C. private goods are under consumed D. natural monopolies overproduce goods....
- Which of the following are potential solutions to the problem of air pollution?
- A. Grant right of the clean air to citizens so that firms must purchase the right to pollute B. Auctions off pollution permits. C. Regulate the amount of pollutants that firms can put in the air D. all of these answers...
- Which of the following is an example of a common resource ?
- A. a firework displays B. national defense C. iron one D. a national park...
- If a person can be prevented from using a good, the good is said to be ?
- A. excludable B. a common resource C. a public goods D. rival...
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