Question 1

When public goods are funded through advertising, the problems of both free and forced riders can be mitigated.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following goods best exemplifies a nonrival good?

Accepted Answer

A)   a bottle of water
B)   the Internet
C)   an automobile
D)   your apartmentE) A) and B)
F) A) and C)

Question 3

Street lights are an example of a good that is:

Accepted Answer

A)   nonexcludable and nonrival.
B)   nonexcludable and rival.
C)   excludable and nonrival.
D)   excludable and rival.E) A) and B)
F) B) and C)

Question 4

Suppose your city has had an increase in crime and the city government decides that more police are needed to patrol at night. Which of the following funding solutions avoids the free-rider problem involved with additional police officers?

Accepted Answer

A)   taxation of the city's top 50% of income earners
B)   donation-based police service
C)   voluntary police officers
D)   an increase in the city's sales taxE) None of the above
F) B) and C)

Exam 19: Public Goods and the Tragedy of the Commons

Suppose your city has had an increase in crime and the city government decides that more police are needed to patrol at night. Which of the following funding solutions avoids the free-rider problem involved with additional police officers?

Correct Answer
verified

Street lights are an example of a good that is:

Correct Answer
verified

When public goods are funded through advertising, the problems of both free and forced riders can be mitigated.

Correct Answer
verified

Which of the following goods best exemplifies a nonrival good?

Correct Answer
verified

Exam 19: Public Goods and the Tragedy of the Commons

Suppose your city has had an increase in crime and the city government decides that more police are needed to patrol at night. Which of the following funding solutions avoids the free-rider problem involved with additional police officers?

Correct AnswerverifiedShow Answer

Street lights are an example of a good that is:

Correct AnswerverifiedShow Answer

When public goods are funded through advertising, the problems of both free and forced riders can be mitigated.

Correct AnswerverifiedShow Answer

Which of the following goods best exemplifies a nonrival good?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified