Multiple Choice
Because people enjoy the benefits of public goods whether they pay for them or not, people are usually ________ to pay for them. This is known as the free-rider problem, and is intrinsic to ________ goods.
A) willing; private
B) willing; public
C) unwilling; private
D) unwilling; public
Correct Answer:
Verified
Correct Answer:
Verified
Q212: If there are external costs of production
Q213: My neighbor _ is an example of
Q214: _ is a cost or benefit resulting
Q215: Refer to the data provided in
Q216: Samuelson's theory of public expenditure demonstrates that<br>A)
Q218: Refer to the information in Figure 16.5
Q219: A television signal sent by cable is
Q220: The field of environmental economics is concerned
Q221: Injunctions are good remedies for problems where
Q222: A central concern about common resources is<br>A)