Multiple Choice
Consider a good for which the number of people who benefit from the good is large and the exclusion of any one those people is impossible. In this case, the market for this good will likely
A) be provided by a private firm rather than the government.
B) have a free-rider problem.
C) not exist.
D) be limited to a small number of units of production.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: What particular characteristic do public goods and
Q102: Which of the following is not a
Q118: The overuse of a common resource relative
Q391: Table 11-6<br>Consider the city of Widgetapolis with
Q392: If good x is available free of
Q393: People cannot be prevented from using a
Q394: Which of the following types of goods
Q397: Each of the following explains why cost-benefit
Q399: A neighborhood voted to develop a vacant
Q400: Which of the following statements is correct?<br>A)Environmental