Multiple Choice
Which of the following is the BEST example of a private good?
A) Air traffic control
B) A house
C) A bridge during rush hour
D) Fish in the ocean
Correct Answer:

Verified
Correct Answer:
Verified
Q86: The free- rider problem arises when consumption
Q87: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The above figure
Q88: A school of tuna swimming in the
Q89: If a public good was left to
Q90: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q93: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q94: The principle of minimum differentiation suggests that
Q95: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q96: If production of a good produces an