Multiple Choice
As an additional consumer obtains the benefits of a public good such as national defense, the benefits to existing consumers:
A) decline.
B) increase.
C) increase in the short run, but decrease in the long run.
D) do not change.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q245: Why do most economists favor emissions taxes
Q246: Factory A can reduce emissions at a
Q247: Which of the following is (are) true
Q248: An example of a public good is:<br>A)a
Q249: If the government overcorrected in a situation
Q251: The failure of private incentives to provide
Q252: Which of the following activities, if any,
Q253: Common property resources _ rival _ excludable.<br>A)are,
Q254: If there are both external benefits and
Q255: If a subsidy was imposed on an