menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 5: Externalities, Environmental Policy, and Public Goods
  5. Question
    Public Goods Are Distinguished by Two Primary Characteristics
Solved

Public Goods Are Distinguished by Two Primary Characteristics

Question 16

Question 16

Multiple Choice

Public goods are distinguished by two primary characteristics.What are they?


A) nonrivalry and nonexcludability
B) government intervention and low prices
C) market failure and high prices
D) rivalry and exclusivity

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q11: The costs in time and other resources

Q12: Policies that mandate the installation of specific

Q13: Assume that emissions from electric utilities contribute

Q14: What is a market failure?<br>A)It refers to

Q15: Figure 5-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 5-6

Q17: Which of the following could be evidence

Q18: "A competitive market achieves economic efficiency by

Q19: Applying Coase's theorem, if the cost to

Q20: Compare two situations.(A)A firm is not legally

Q21: What is a private benefit from consumption?

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines