Multiple Choice
It is sometimes possible for households to use their neighbours' wireless internet without permission.What type of problem is encountered in this situation and what might be done about it?
A) Without a password the internet is a public good and the neighbours should impose a password to make it more like a private good
B) Without a password the internet is a common resource and the neighbours should impose a password to make it more like a club good
C) Without a password the internet is a common resource and the neighbours should demand the government impose a tax on wifi
D) The neighbours should ascertain who has the property rights in order to figure out the optimal solution
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Cost-benefit analysis can account for risk by
Q21: For both public goods and common resources,
Q22: The efficient provision of public goods is
Q23: Private market failure to optimally allocate common
Q24: To determine if a good is a
Q26: Some villages in Papua New Guinea farm
Q27: Due to the externalities associated with public
Q28: Provision of electricity is a natural monopoly
Q29: Proposals to use road tolls in an
Q30: Cost-benefit analysis for a private good is