if public goods were marketed like private goods, then: Select one: OA Public goods would be underproduced OB. There would be government failure OC. The optimal mix of output would occur at the market equilibrium OD. The economy would be outside the production-possibilities curve Question 2 Not yet answered Points out of 1.00 Flag question Several students from your economics class are discussing the differences between private and public goods. Which of the following students correctly understands the differences? Select one: OA. Karen: "I am pretty sure that public goods are not excludable but are rival in consumption." B. Theo: "I seem to recall that consumers can easily be excluded from consuming public goods and that they are also nonrival." C. Xiaojie: "I remember the professor saying that people can be excluded from consuming public goods and that their consumption of a public good does detract from anybody else's consumption." D. Fran: "According to the textbook, all public goods are non-excludable and non-rival in consumption." Question 3 Not yet answered Points out of 1.00 P Flag question Which of the following is the best example of a pure private good? Select one: A. A street light OB. Fireworks show OC, The discovery that any triangle with sides of length 3, 4, and 5 has a right (or 90 degree) angle OD. A hamburger Question 4 Not yet answered Points out of 1.00 P Flag question If one person's use of a good diminishes its value to another person, it is: Select one: OA an excludable good OB. an elastic good OC. an inferior good OD. a rival good Question 5 Not yet answered Points out of 1.00. P Flag question Which of the following situations probably would generate a negative externality? Select one: OA Using a leaf blower on your yard early on a Sunday morning OB. One person mowing their lawn and maintaining a very attractive front yard. OC A paid tutor instructing Antonio in e s as fellow classmate Cathy listens in without anybody knowing it. OD. Walking to work to avoid forgoing driving your car