A good that a producer can prevent a consumer from

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10 A good that a producer can prevent a consumer from using by charging a price is __________. a public good that is excludable a private good that is excludable a public good that is non-rivalrous a private good that is non-rivalrous
CONCEPT Public Goods, Private Goods, and the “Tragedy of the Commons” 11 Which of the following examples would correspond with a principal-agent problem?
9/29/2020 Sophia :: Welcome The local electric company responding slowly to an outage because they don't have to worry that customers will switch providers Purchasing a car then realizing it had been in previous accidents and required a lot of repairs you did not anticipate CONCEPT Details on Regulatory Intervention and Market Failure 12 Pollution by-product that impacts third parties is which type of failure?
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CONCEPT Details on Regulatory Intervention and Market Failure 13 Sarah is a great teacher; however, she struggles with the technology used by potential students and school districts, and thus is not able to find work. Sarah's type of unemployment is considered __________.
9/29/2020 Sophia :: Welcome structural CONCEPT Assessing Costs of Unemployment--Labor Economics 14 In a pure market economy, public goods ___________. are provided by the government tend to be under-provided are over-provided, because the government is not involved in the economy are sold at a higher price than private goods
7/10 CONCEPT Comparative Economic Systems

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