PRINCIPLES OF ECONOMICS
14th Edition
ISBN: 2810015433483
Author: OpenStax
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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Chapter 13 Solutions
PRINCIPLES OF ECONOMICS
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
- Good that are non-excludable and no-rival in nature are known as ___________.arrow_forwardA good or resource that is both nonrival and nonexcludable is a public good. nonexistent because it is impossible for a good or resource to be both nonrival and nonexcludable. a private good. a good that is impossible to produce. a common resource.arrow_forwardWhich of the following goods is excludable but non-rival in consumption? A. National defense B. Leopards in the wild C. Computer software D. Gym membership at a very small gymarrow_forward
- Which of the following would be both nonrival and nonexcludable? Select one: a. a museum b. a road c. an immunization d. a siren tornado warning systemarrow_forwardWhich of the following are non-rival? a) A particular blu-ray disc of a Batman movie b) The design of Batman's costume c) Drinking water from a public river d) The view of a public river Which of the following are non-excludable? a) A particular blu-ray disc of a Batman movie b) The design of Batman's costume c) Drinking water from a public river d) The view of a public riverarrow_forwardChoose a program or service that is provided by government. Try to choose a unique example that has personal interest for you. 1. Tell us what program or service you chose. 2. Does your example fit the definition of a rival good? Explain why or why not. 3. Does your example fit the definition of an excludable good? Explain why or why not.arrow_forward
- Classify each of the foods goods according to whether it is ravalrous, nonrivalrous, excludabe, or nonexcludable. a. A sports team t-shirt b. The air we breathe c. Atlantic bluefin tuna in the Mediterranean Sea d. A toll road in normal traffic.arrow_forwardDSTV and the South African Navy differ as both of them are: a. DSTV is nonexcludable and the Navy is excludable. b. DSTV is a public good and the Navy is a private good. c. DSTV is excludable and Navy is nonexcludable. d. DSTV is nonexcludable and the Navy is a public good.arrow_forwardClassify each example according to whether it is rivalrous or nonrivalrous, and excludable or nonexcludable: * street lighting in a public park * playing World of Wrcraft, a massive multiplayer online computer game * a Chipotle burrito * wild tuna in the Pacific Ocean for which no fishing permit is required:arrow_forward
- A public good Question 1 options: is both rival and excludable. is any good provided by government. is any good provided by a company owned by a member of the public. can be consumed simultaneously by many people. can only be consumed by one person at a time.arrow_forwardIn Canada, primary education is OA. a federal responsibility. OB. a non-excludable service. OC. funded by provincial funds and managed by local school boards. OD. a public good.arrow_forwardProvide three examples of public goods and services in your hometown. Explain how each is non-rival and non-excludable.arrow_forward
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