Solved

When the Optimal Quantity of Consumption Is Zero for a Given

Question 2

Multiple Choice

When the optimal quantity of consumption is zero for a given good:


A) a ban is often the best solution.
B) changing social norms is often the best solution.
C) privatizing the good is often the best solution.
D) government provision of the good is often the best solution.

Correct Answer:

verifed

Verified

Related Questions

Q3: The tragedy of the commons arises from

Q4: If the government is supplying a public

Q5: The problem caused by goods that are

Q5: Which of the following goods is most

Q7: Fireworks would be considered:<br>A)a common resource.<br>B)a private

Q8: If the punishment associated with breaking a

Q9: When what people pay does not necessarily

Q10: When goods are subject to market failure,all

Q36: Fish in the ocean would be considered:<br>A)a

Q99: Using a common resource:<br>A)creates a positive externality