Multiple Choice
Suppose that when one person consumes a good,it is possible to provide it to others at no additional cost.Such a good is called
A) nonexcludable.
B) nonrivalrous.
C) a free good.
D) a Clarke good.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: Private markets tend to undersupply nonexcludable goods
Q58: People will continue to use a common
Q59: An economic rent can be created by
Q60: Once it has been produced,the efficient price
Q61: Computer software is an example of a
Q63: A nonexcludable good,once produced,can be made available
Q64: Whether or not people have identical tastes,the
Q65: Common Property II<br><br>The following questions refer to
Q66: One problem with a Clarke tax is
Q67: Free riding would be an appropriate description