Multiple Choice
A modern example of privatizing a common resource is:
A) patents.
B) quotas.
C) taxes.
D) subsidies.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Markets work well for allocating _ efficiently,
Q53: Nonexcludability causes:<br>A) people to demand a higher
Q54: Goods that are rival in consumption,but not
Q55: To combat the undersupply of public goods,a
Q56: Goods that are not rival in consumption,but
Q57: Nonexcludability,in the case of rival goods,causes:<br>A) inefficiently
Q59: Bans and quotas _ in situations where
Q60: An example of a good that is
Q61: When the government bans a good it:<br>A)
Q63: An example of an excludable good or