Multiple Choice
What is it called when there is a situation in which it is too costly to prevent people who refuse to pay from enjoying the benefits of a good or a service?
A) An externality
B) Inelastic
C) Rationing
D) Non-exclusion
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: Welfare economics is the field of study
Q29: What is the correct equation for the
Q30: In any given economic system, the function
Q31: What occurs when the long-run average cost
Q32: Which of the following is not one
Q34: What is another name for the equilibrium
Q35: If buyers and/or sellers do not have
Q36: Which of the following is the study
Q37: _ is investment in people, like training
Q38: What refers to the value of the