Multiple Choice
Most neighborhood streets have traffic lights to help control the flow of traffic. Traffic lights are _____ and _____. Therefore, they will be _____ by the competitive market.
A) nonrival; nonexcludable; underprovided
B) nonrival; nonexcludable; overprovided
C) rival; excludable; efficiently provided
D) nonrival; excludable; underprovided
Correct Answer:
Verified
Correct Answer:
Verified
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