Multiple Choice
A free rider
A) Contributes everything to a public good
B) Causes a market failure with private goods
C) Contributes little or nothing to a public good, but also does not benefit from others' contributions
D) Contributes little or nothing to a public good while benefiting from others' contributions
Correct Answer:
Verified
Correct Answer:
Verified
Q2: An action creates an externality if it<br>A)
Q3: The field of political economy<br>A) Examines the
Q4: Four stores have a problem with theft
Q5: The median voter theorem states that<br>A) If
Q6: A private good<br>A) Is a good for
Q7: Common property resources include<br>A) University courses<br>B) Fast
Q8: The marginal social cost of production is<br>A)
Q9: The median voter is<br>A) The voter who
Q10: Your neighbor likes to blast 1970's rock
Q11: A voter's preferences are single-peaked if<br>A) Her