ECO 450 Week 4 Quiz

ECO 450 Week 4 Quiz Download Question 1 Which of the following is a good example of a congestible public good? Question 2 A baseball field is: Question 3 A means of creating a price-excludable public good is: Question 4 An example of an undesirable public... More

ECO 450 Week 4 Quiz Download Question 1 Which of the following is a good example of a congestible public good? Question 2 A baseball field is: Question 3 A means of creating a price-excludable public good is: Question 4 An example of an undesirable public good (or public “bad”) is: Question 6 The marginal cost of making a given quantity of a congestible public good available to more consumers is: Question 7 Public transportation is: Question 8 The efficient output of a pure public good is achieved at the point at which: Question 9 The demand curve for a pure public good is: Question 10 The nonrival property of pure public goods implies that the: Question 11 The principle of nonexclusion for pure public goods means that the benefits of the good: Question 12 The free-rider problem: Question 13 Cable TV programming is an example of a: Question 14 The marginal cost of providing a certain quantity of a pure public good to an additional consumer after it is provided to any one consumer is: Q Less