From the list on your right select the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed on the left. Externality Negative exteranlity Positive externality The magnitude of market failure National defense Free-rider problem A market producing the socially optimal level of output Can be used to encourage innovations Congested non-toll road Helps transfer social benefit to a private party which is creating a positive externality A. Intellectual property rights B. A good is nonexcludable but could be rivalrous or nonrivalrous C. An example of "There is no such thing as a free lunch". D. Overproduction E. Excludable and rivalrous F. The area of the triangle in a demand and supply model which is formed as a result of negative or positive externality G. Nonexcludable and rivalrous H. Market output will be lower than the socially efficient/optimal level of output 1. At the intersection of the marginal social cost curve and the demand curve J.A the level of output where negative externality is equal to positive externality K. Decline in production due to external factors such a bad news coverage about a product L A positive or negative side effect of an action that affects the wellbeing of a bystander (or a third party) M-Subsidy N. Both nonexcludable and nonrivalrous O. Taxation I already posted this question 5 times before for god sake give the accurate answer dont paste answers from chegg nd please describe the answers of free rider problem that how it match with answer
From the list on your right select the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed on the left. Externality Negative exteranlity Positive externality The magnitude of market failure National defense Free-rider problem A market producing the socially optimal level of output Can be used to encourage innovations Congested non-toll road Helps transfer social benefit to a private party which is creating a positive externality A. Intellectual property rights B. A good is nonexcludable but could be rivalrous or nonrivalrous C. An example of "There is no such thing as a free lunch". D. Overproduction E. Excludable and rivalrous F. The area of the triangle in a demand and supply model which is formed as a result of negative or positive externality G. Nonexcludable and rivalrous H. Market output will be lower than the socially efficient/optimal level of output 1. At the intersection of the marginal social cost curve and the demand curve J.A the level of output where negative externality is equal to positive externality K. Decline in production due to external factors such a bad news coverage about a product L A positive or negative side effect of an action that affects the wellbeing of a bystander (or a third party) M-Subsidy N. Both nonexcludable and nonrivalrous O. Taxation I already posted this question 5 times before for god sake give the accurate answer dont paste answers from chegg nd please describe the answers of free rider problem that how it match with answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
5
Transcribed Image Text:From the list on your right select the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed on the
left.
Externality
Negative exteranlity
Positive externality
The magnitude of market failure
National defense
Free-rider problem
A market producing the socially optimal level of output
Can be used to encourage innovations
Congested non-toll road
Helps transfer social benefit to a private party which is creating
a positive externality
A. Intellectual property rights
B. A good is nonexcludable but could be rivalrous or nonrivalrous
C. An example of "There is no such thing as a free lunch".
D. Overproduction
E. Excludable and rivalrous
F. The area of the triangle in a demand and supply model which is
formed as a result of negative or positive externality
G. Nonexcludable and rivalrous
H. Market output will be lower than the socially efficient/optimal level of
output
1. At the intersection of the marginal social cost curve and the demand
curve
J.A the level of output where negative externality is equal to positive
externality
K. Decline in production due to external factors such a bad news
coverage about a product
L
A positive or negative side effect of an action that affects the
wellbeing of a bystander (or a third party)
M-Subsidy
N. Both nonexcludable and nonrivalrous
O. Taxation
I
already posted this question 5 times before
for god sake give the accurate answer dont
paste answers from chegg nd please
describe the answers of free rider problem
that how it match with answer
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