Public goods are difficult for a private market to provide due to ?

Related Mcqs:

A private good is ?

A. rival but not excludable B. not rival but excludable C. both rival excludable D. neither rival nor excludable...

A common resource is ?

A. not rival but excludable B. both rival and excludable C. rival but not excludable D. neither rival nor excludable...

Suppose each of 20 neighbours on street values street repairs at €3000 the cost of the street repair is €40,000 which of the following statements is true ?

A. it is efficient for the government to tax the resident €2,000 each and repair the road B. It is efficient for each neighbour to pay €3,000 to repair the section of street in front of his/her home C. None of these answers are true D. it is not efficient to have the street repaired...

A public good is ?

A. neither rival nor excludable B. rival but not excludable. C. both rival but excludable D. not rival but excludable...

A good produced by a natural monopoly is ?

A. rival but not excludable B. neither rival nor excludable C. not rival but excludable D. both rival and excludable...