Multiple Choice
If the consumption of a good decreases the quantity available for another person, the good is
A) excludable.
B) free.
C) rival.
D) pure.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: If a good has an external benefit,
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q12: A good or service or a resource
Q13: A free- rider problem exists if<br>A) a
Q14: A government subsidy for a good<br>A) has
Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The figure above
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q18: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q19: A cost that arises from the production
Q20: Which of the following is the BEST