Multiple Choice
A fundamental aspect of public goods is that they
A) are just like private goods EXCEPT that everybody wants to consume the same amount.
B) have positive externalities.
C) are characterized by the principle of rival consumption.
D) can be consumed jointly by many people simultaneously.
Correct Answer:
Verified
Correct Answer:
Verified
Q273: A negative externality is a situation in
Q274: All of the following are major sources
Q275: A friend of yours receives a government
Q276: A transfer payment is a payment<br>A) made
Q277: An important assumption in the theory of
Q279: Which of the following statements is TRUE
Q280: Under present U.S. federal law, which one
Q281: Private goods are goods<br>A) that carry a
Q282: When a paper producer pollutes the air,
Q283: Which of the following leads to an