Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 1 pts In order for a good to be classified as ________ , when one person uses the good, others are also able to
1 1 pts In order for a good to be classified as ________ , when one person uses the good, others are also able to use it. Group of answer choices unexcludable unrivalrous nonexcludable nonrivalrous Flag this Question Question 2 1 pts A public good is a good that is ________, and thus is difficult for market producers to sell to individual consumers. Group of answer choices unexcludable or unrivaled nonexcludable and nonrivalrous excludable and rivalrous excludable or rivalrous Flag this Question Question 3 1 pts An individual who wants others to pay for public goods, but plans to use those goods without paying, is often referred to as a ________. Group of answer choices tax evader nonexcludable free rider Flag this Question Question 4 1 pts If large numbers of individuals choose to behave as free riders, ________. Group of answer choices public goods will quickly be privatized the public good may never be provided more of the public good will be available for paying riders Flag this Question Question 5 1 pts Which of the following are examples of positive externalities? Group of answer choices You are a bird watcher, and your neighbor puts up birdhouses and gardens to attract birds. Investments in private education raise your country's standard of living. Your roommate is a smoker, but you are a nonsmoker. Flag this Question Question 6 1 pts Which of the following are examples of negative externalities? Group of answer choices Trash dumped upstream flows downstream right past your house. Construction of an airport to support commerce and travel in your community Your neighbor paints her house a hideous color. Question 8 1 pts Which of the following would be classified as a positive externality? Group of answer choices The increase in neighborhood property values from converting a derelict empty lot to a public vegetable garden. Reselling outdated textbooks to under-funded public schools. A surcharge for ambulance service is shifted to property taxes. Removing government education subsidies for public schools. Flag this Question Question 9 1 pts Which of the following are ways in which the government promotes positive externalities? Group of answer choices Protection of intellectual property. Incentives for increasing output. Spending on research and development. Flag this Question Question 10 1 pts A pollution charge is a form of tax imposed on Group of answer choices low-income market-oriented industries. every economy in the world. the quantity of pollution that a firm emits. pollution- control technologies
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started