Multiple Choice
A good or resource is excludable if
A) only the government can produce them.
B) nobody can be excluded from enjoying the benefits of the good or resource.
C) when you pay for the good or resource, you are guaranteed to be the sole consumer.
D) when you consume a unit, that means there is one less for someone else.
E) it is a common resource.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: A public good<br>A) only yields benefits to
Q42: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The table above
Q43: Why are private firms unable to produce
Q44: A good is nonrival if<br>A) only the
Q46: Fish in the ocean are an example
Q47: To achieve the efficient level of national
Q48: For a common resource,the marginal private cost
Q49: We determine the economy's marginal benefit curve
Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q70: What are the differences between public goods