Multiple Choice
Suppose a dyke is constructed in a river city to prevent floods from affecting the city. In this way all occupants are made equally safe regardless of whether they pay taxes. Which characteristics of goods hold or do not hold.
A) Rivalry holds but exclusivity does not.
B) Both rivalry and exclusivity hold.
C) Exclusivity holds but rivalry does not.
D) Neither rivalry nor exclusivity hold.
Correct Answer:
Verified
Correct Answer:
Verified
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