Multiple Choice
Which of the following statements is true about government bans as a solution to the tragedy of the commons?
A) They are always the most efficient solution.
B) They can be ineffective if enforcement is too difficult.
C) They can increase surplus more than any other solution.
D) They are the easiest and most effective solution.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: A government will use its power to
Q2: Local governments, rather than private citizens, are
Q3: Which of the following is an excludable
Q4: Free riders receive _ externalities from _.<br>A)negative;
Q5: Which of the following goods is most
Q7: Fireworks would be considered:<br>A)a common resource.<br>B)a private
Q8: When a good is rival in consumption:<br>A)one
Q9: A road would be considered a common
Q10: Which type of good is excludable, but
Q11: Which of the following public goods would