Multiple Choice
The O'Reilly Factor is a popular cable television news show. To watch the show requires a paid subscription. Therefore, which of the following is TRUE?
A) This show is a nonrival private good because 1) nonpayers can be excluded and 2) when one person watches it does not diminish another person's ability to watch.
B) This show is a public good because payers and nonpayers alike are watching a rival show.
C) This show is a public good because 1) no one can be excluded and 2) when one person watches it does not diminish another person's ability to watch.
D) This show is a common good because 1) nonpayers can be excluded and 2) when one person watches it does not diminish another person's ability to watch.
Correct Answer:
Verified
Correct Answer:
Verified
Q73: Advertising is an efficient solution to the
Q74: Entrepreneurs are constantly looking for ways to
Q75: Mosquito control must be provided by the
Q76: A good cannot be private at the
Q77: When entrepreneurs use advertising to pay for
Q79: Overutilization and lack of conservation are more
Q80: People have little incentive to produce a
Q81: Small tribes may be able to solve
Q82: If you give a firm $1,000 to
Q83: Which of the following statements is correct?<br>A)