Multiple Choice
Which of the following is an example of a public good that a consumer may want but not be able to obtain?
21
views
8. The Types of Goods
Public Goods: Demand Curve and Optimal Quantity
Back8. The Types of Goods
Public Goods: Demand Curve and Optimal Quantity
- Multiple ChoiceWhich of the following best describes how collective (public) goods differ from private goods?32views
- Multiple ChoiceWhich of the following best describes how the demand curve for a public good is determined?28views
- Multiple ChoiceWhy are private companies unlikely to provide public goods?39views
- Multiple ChoiceWhich of the following is an example of a pure public good?32views
- Multiple ChoiceWhich of the following is an example of a natural trade barrier?41views
- Multiple ChoiceWhy do private companies rarely provide public goods?38views
- Multiple ChoiceWhy is excludability important to producers of goods in the context of public goods?36views
- Multiple ChoiceWhich term best describes money the federal government gives a state for a certain purpose, often related to the provision of public goods?39views
- Multiple ChoiceWhich of the following explains how the government provides the optimal quantity of a public good?30views
- Multiple ChoiceWhich of the following statements is true regarding the demand curve for a public good?21views
- Multiple ChoiceWhich of the following is an example of a natural monopoly?41views
- Multiple ChoiceWhich of the following best describes how collective (public) goods differ from private goods?35views
- Multiple ChoiceA consumption tax is often used to pay for things everyone gets to enjoy, such as which of the following?25views
- Multiple ChoiceWhich of the following best illustrates the concept of a superimposed demand curve for a public good?40views