Which of the following goods is least likely to be

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155. Which of the following goods is least likely to be rivalrous in consumption?a.a carb.a pair of shoesc.a bookd.a computere.a sunsetANSWER:e
POINTS:1DIFFICULTY:EasyNATIONAL STANDARDS:United States - BUSPROG: AnalyticLOCAL STANDARDS:United States - OH - Default City - DISC: Markets, market failure,a - DISC: Markets, market failure, and externalitiesKEYWORDS:Bloom's: Application156. Which of the following statements is true?e
POINTS:1DIFFICULTY:ModerateNATIONAL STANDARDS:United States - BUSPROG: AnalyticLOCAL STANDARDS:United States - OH - Default City - DISC: Markets, market failure,a - DISC: Markets, market failure, and externalities
KEYWORDS:Bloom's: Comprehension157. When a good is nonexcludable, then individualse
POINTS:1DIFFICULTY:ModerateNATIONAL STANDARDS:United States - BUSPROG: AnalyticLOCAL STANDARDS:United States - OH - Default City - DISC: Markets, market failure,a - DISC: Markets, market failure, and externalitiesKEYWORDS:Bloom's: Comprehension158. Most economists believe that the market __________ produce nonexcludable publicgoods because of __________.c
POINTS:1DIFFICULTY:ModerateNATIONAL STANDARDS:United States - BUSPROG: AnalyticLOCAL STANDARDS:United States - OH - Default City - DISC: Markets, market failure,a - DISC: Markets, market failure, and externalitiesKEYWORDS:Bloom's: Comprehension

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Term
Fall
Professor
FOUDY
Tags
Economics, Externalities, Public Good, Market failure, Externality, local standards, Default City

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