Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Textbook Question
Chapter 13, Problem 7SCQ
Which of the following goods or services are nonexcludable?
- police protection
- streaming music from satellite transmission programs
- roads
- primary education
- cell phone service
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A public good is defined as a good or service
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Chapter 13 Solutions
Principles of Economics 2e
Ch. 13 - Do market demand curves reflect positive...Ch. 13 - Suppose that Sonys R. Is this a private or social...Ch. 13 - The Gizmo Company is planning to develop new...Ch. 13 - The Junkbuyers Company travels from home to home,...Ch. 13 - When residents in a neighborhood tidy it and keep...Ch. 13 - Education provides both private benefits to those...Ch. 13 - Which of the following goods or services are...Ch. 13 - Are the following goods non-rival in consumption?...Ch. 13 - In what ways (it) company investments in research...Ch. 13 - Will the demand for borrowing and investing in R&D...
Ch. 13 - Why might private markets tend to provide too few...Ch. 13 - What can government do to encourage the...Ch. 13 - What are the two key characteristics of public...Ch. 13 - Name two public goods and explain why they are...Ch. 13 - What is the free rider problem?Ch. 13 - Explain why the federal government funds national...Ch. 13 - Call a company be guaranteed all of the Social...Ch. 13 - Is it inevitable that government must become...Ch. 13 - How do public television stations, like PBS, try...Ch. 13 - Why is a football game on ESPN a quasi-public good...Ch. 13 - Provide two examples of goods/services that are...Ch. 13 - Radio stations, tornado sirens, light houses, and...Ch. 13 - HighFlyer Airlines wants to build new airplanes...Ch. 13 - Assume that the marginal private costs of a film...Ch. 13 - Becky and Sarah are sisters 1who share a room....
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Similar questions
- Choose the Correct answer quickly fast please doarrow_forwardWithout environmental sustainability, economic stability and social cohesion cannot be achieved. Discuss!arrow_forwardWhich of the following is the best example of a good or service that would be considered non-rival and non-excludable? Select one: a. your breakfast Ob. a congested interstate highway c. the United States Navy d. Dr. Craig's corgi, Graciearrow_forward
- Government intervention may: cause a good to become non-excludable. make a market more efficient if a failure is present. make a market more efficient if no failure is exists. cause a good to become non-rival.arrow_forwardThe government is involved in providing many goods and services. For each of the goods or services listed, determine whether it is rival or nonrival in consumption and whether it is excludable or nonexcludable. What type of good is it? A congested interstate highway without tolls nonrival, nonexcludable, public good rival, excludable, private good nonrival, excludable, artificially scarce good rival, nonexcludable, common resourcearrow_forwardT5arrow_forward
- Explain and Discuss the Nature of Rural Problemsarrow_forwardHow should environmental challenges be handled differently in developed and developing nations? What do you consider to be each one's primary environmental challenges?arrow_forwardWhich of the following is the best example of a good or service that would be considered non-rival and non-excludable? Select one: a. your breakfast b. a congested interstate highway c. the United States Navy Od. Dr. Craig's breakfastarrow_forward
- 4 Summarize the basics of the Clean Water Act and the Clean Air Act.arrow_forwardWhich of the following is the best example of a nonexcludable good or service? a public library Opublic transportation O Internet service for your home computer college education sarrow_forwardUses of public marketarrow_forward
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