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.Management Sciences
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 to naires have little incentive to tell the truth.
Related Mcqs:
- If one person’s consumption of a good diminishes other people’s use of the good, the good is said to be ?
- A. rival B. a good produced by a natural monopoly C. a common resource D. excludable...
- A private good is ?
- A. rival but not excludable B. not rival but excludable C. both rival excludable D. neither rival nor excludable...
- A person who regularly watches BBC television programs in the UK but fails to pay their TV licence fee is known as ?
- A. excess baggage B. a free rider C. a costly rider D. a common resource E. an unwelcome rider...
- 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...
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