Assume that there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she helps pay for it. This characteristic is associated with___________. a. rival goods. b. complementary goods. c. public goods. d. capital goods.
Added by Sheila W.
Step 1
Step 1: Identify the characteristic mentioned in the question - the inability to prevent someone from using an interstate highway regardless of whether they help pay for it. Show more…
Show all steps
Your feedback will help us improve your experience
Sanchit Jain and 88 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Each of the following is likely to be a successful way for the government to solve the problem of overuse of a common resource EXCEPT a. regulating the use or consumption of the common resource. b. taxing the use or consumption of the common resource. c. selling the common resource to a private entity. d. asking individuals to voluntarily reduce their use of the resource.
Andrew D.
Government programs in which money is taken from one group and given to another are called __________. A. political capital B. transfer payments C. market economies D. factors of production Please select the best answer from the choices provided A B C D
Supreeta N.
Which categories of goods are rival in consumption? a. private goods and club goods b. private goods and common resources c. public goods and club goods d. public goods and common resources
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD