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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 14: Externalities, Market Failure, and Public Choice
  5. Question
    During Rush Hours, Long Lines of Traffic Clog the Only
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During Rush Hours, Long Lines of Traffic Clog the Only

Question 169

Question 169

Multiple Choice

During rush hours, long lines of traffic clog the only bridge to town. This bridge is anexample of


A) market inefficiency
B) obligatory controls
C) a decreasing externality cost
D) a pure public good
E) a near public good

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