Complete these 4 multiple choices

\\ y A view of a spectacular sunset along a private beach is an example of a 0 private good. 0 public good. 0 nonrival but excludable good. O rival but nonexcludable good. Question 26 3 pts The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to a destruction of the grazing resource. To correct for this problem, the town could 0 allow individual shepherds to choose their own ock sizes. 0 internalize the externality by subsidizing the production of sheep's wool. 0 auction off a limited number of sheep-grazing permits. 0 wait until the market corrects the problem. A New York legislator wanted to create a deposit on cigarettes butts. If implemented, people would have the incentive to (1) not toss cigarette butts onto public streets and sidewalks, and (2) pick butts up to redeem them for the cash. The degradation of the environment from littered cigarette butts is a 0 private goods problem. 0 Nash equilibrium. 0 Tragedy of the Commons 0 cost-benet equilibrium. Question 24 3 pts In which of the following examples are property rights not well established? 0 Carmen smokes a cigarette outside the door to her ofce building. 0 Carlita stocks shelves in a grocery store. 0 Cameron watches a movie in his home theater room. O Cathy docks her boat at her lake house