Question
Please help me with the following: Which of the following scenarios best exemplifies a non-excludable and non-rivalrous good? An uncongested river in a state where
Please help me with the following:
- Which of the following scenarios best exemplifies a non-excludable and non-rivalrous good?
An uncongested river in a state where people can fish
A wireless internet service with password protection
A tornado warning siren
An online newspaper requiring a subscription
A pair of shoes made by a popular name brand
2.The research report of a scientist is only accessible through the purchase of a journal, a magazine for professional academic topics. What type of good best describes this report?
Public good
Private good
Survival good
Artificially scarce good
Common pool resource
3.What is the most common government method(s) to prevent the tragedy of the commons?
Quotas or other production or consumption regulations
A per-unit tax
Per-unit subsidies or direct provision
A price floor
A lump-sum tax
4.
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