Multiple Choice
Although both cable television and air traffic control are nonrival,they differ from each other because
A) cable television is a private good and air traffic control is a public good.
B) cable television is a public good and air traffic control is a private good.
C) cable television is nonexcludable and air traffic control is a public good.
D) cable television is nonexcludable and air traffic control is excludable.
E) cable television is excludable and air traffic control is nonexcludable.
Correct Answer:
Verified
Correct Answer:
Verified
Q57: When a city street is congested,it is<br>A)a
Q58: If property rights are assigned to a
Q59: Competition between two political parties will cause
Q60: A Big Mac is<br>A)excludable and rival.<br>B)nonexcludable and
Q61: Use the figure below to answer the
Q63: Rational ignorance suggests that a voter should
Q64: According to public choice theory,government failure occurs
Q65: Which of the following achieves the efficient
Q66: If the marginal social cost of producing
Q67: A good that is nonrival and excludable