1. Give an example of each of the following:
2. a. A good that is rivalrous in consumption and is excludable.
3. b. A good that is nonrivalrous in consumption and is excludable.
4. c. A good that is rivalrous in consumption and is nonexcludable.
5. d. A good that is nonrivalrous in consumption and is nonexcludable.
7. Identify each of the following as an adverse selection or a moral hazard problem
8. a. A person with car insurance fails to lock his car doors when he shops at a mall.
9. b. A person with a family history of cancer purchases the most complete health coverage available.
10. c. A person with health insurance takes more risks on the ski slopes of Aspen than he would without health insurance.
11. d. A college professor receives tenure (assurance of permanent employment) from her employer and begins to work less hard.
12. e. A bank gives out a loan to a person who does not have a stable job.
13. Using the data in the accompanying table, answer the following questions:
14. 

Point on Canada Italy Production Possibilities Good X GoodY Good X Good Y Frontier 150 100 25 40 0 838 50 50 120 75 180Point on Canada Italy Production Possibilities Good X GoodY Good X Good Y Frontier 150 100 25 40 0 838 50 50 120 75 180Price SUS 2 Pw+ T - - - - 3 5 6 Pw 7 Dus Q Q3 QA Q2 Quantity