Search
.Management Sciences
A. hot dogs at a picnic
B. Whales in the ocean
C. national defense
D. apples on a tree in a public park
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 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...
- A free rider is a person who ?
- A. receives the benefits of a good but avoids paying for it. B. pays for a good but fails to receive any benefit from the good C. fails to produce goods but is allowed to consume goods. D. produces a good but fails to receive payment for the good...
- A positive externality affects market efficiency in a manner similar to a ?
- A. rival good B. public good C. private good D. common resource...
- A negative externality affect market efficiency in a manner similar to ?
- A. an excludable good. B. a private good C. a common resource D. a public good....
Recent Comments