World Mcqs
worldforts.com

A good produced by a natural monopoly is ?

A. rival but not excludable

B. neither rival nor excludable

C. not rival but excludable

D. both rival and excludable

Related Questions on Public Goods, Human Capital & Comparative GDP Mcqs

A free rider is a person who ?

A. receives the benefits of a good but avoids paying for it.

B. pays for a good but fails to receive any benefit from the good

C. fails to produce goods but is allowed to consume goods.

D. produces a good but fails to receive payment for the good