TEST BANKS & SOLUTION MANUALS
LIST OF PRODUCTS
GUIDE
CONTACT US
Test Bank
Login / Register
0 items / $0.00
Menu
Test Bank testbank logo2
0 items / $0.00
  • Home
  • Health Professions
    • Nursing
    • Pharmacology/Surgical
    • Surgical Technology
    • Health and Disease
    • Blood Banking
    • Medical
    • Medicine
    • Emergency Care
    • Nutritional Care
    • Dental Materials
    • Cancer
    • Drug
  • Business & Management
    • Accounting
    • Marketing
    • Management
    • Statistics
    • Auditing
    • Business
    • Business Statistics
    • Banking
    • Financial
    • Financial Accounting
    • Personal Finance
    • Investment
    • Taxation of Business
  • Exams
    • Physical/Examination
  • Science & Technology
    • Biology
    • Chemistry
    • Biochemistry
    • Basic Chemistry
    • Environmental Science
    • Geography
    • Math
    • Psychology
    • Anatomy & Physiology
    • Astronomy
    • Information Technology
    • Microbiology/Biology
    • Neuropsychology
    • Pediatric Primary
    • Research Method
  • Engineering
    • Information Technology
    • Computing Technology
    • Data Analysis
    • Database
    • Web Design
    • Web Development
  • Humanities
    • Communication
    • Economics
    • Education
    • History
    • Sociology
    • Human Development
    • Human Physiology
    • Human Sexuality
    • Politics
    • Criminology
    • Criminal Justic
    • Art
    • Leadership
    • Learning
    • Legal Environment
    • Lifespan
    • Relationship
  • Blog
-43%
Principles Of Economics 5th Edition By N. Gregory Mankiw – Test Bank 1
Click to enlarge
Home » Shop » Principles Of Economics 5th Edition By N. Gregory Mankiw – Test Bank
Solution Manual Of Operations And Supply Chain Management 14th Edition By Jacobs – Test Bank
Solution Manual Of Operations And Supply Chain Management 14th Edition By Jacobs – Test Bank $35.00 Original price was: $35.00.$20.00Current price is: $20.00.
Back to products
Principles Of Economics 6th Edition By N. Gregory Mankiw – Test Bank
Principles Of Economics 6th Edition By N. Gregory Mankiw – Test Bank $35.00 Original price was: $35.00.$20.00Current price is: $20.00.

Principles Of Economics 5th Edition By N. Gregory Mankiw – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.

This is not a Textbook. Please check the free sample before buying.

Edition: 5th Edition

Format: Downloadable ZIP Fille

Resource Type: Test bank

Duration: Unlimited downloads

Delivery: Instant Download

Add to wishlist
Category: Economics
Share:
  • Description
  • Reviews (0)
  • Instant Delivery By Mail
Description

Overview

Chapter 11
Public Goods and Common Resources

True or False Questions

1. When goods are available free of charge, the market forces that normally allocate resources in our economy are absent.
ANS: T DIF: 2 REF: 11-0
NAT: Analytic LOC: Markets, market failure, and externalities
TOP: Market failure MSC: Interpretive

2. Free goods are usually efficiently allocated without government intervention.
ANS: F DIF: 2 REF: 11-0
NAT: Analytic LOC: Markets, market failure, and externalities
TOP: Market failure MSC: Interpretive

3. Most goods in our economy are allocated in markets, where buyers pay for what they receive and sellers are paid for what they provide.
ANS: T DIF: 1 REF: 11-0
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Private goods MSC: Applicative

4. Government intervention cannot improve the allocation of resources for goods that do not have prices attached to them.
ANS: F DIF: 2 REF: 11-0
NAT: Analytic LOC: The role of government TOP: Public goods
MSC: Interpretive

5. A good that is excludable but not rival is known as a natural monopoly.
ANS: T DIF: 1 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Natural monopolies MSC: Definitional

6. National Public Radio would be considered a natural monopoly.
ANS: F DIF: 2 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Natural monopolies MSC: Interpretive

7. Concerts in arenas are not excludable because it is virtually impossible to prevent someone from seeing the show.
ANS: F DIF: 1 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Excludability MSC: Applicative

8. A pair of jeans is rival but non-excludable.
ANS: F DIF: 1 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Excludability | Rivalry in consumption MSC: Applicative

9. A good that is rival in consumption is one that someone can be prevented from using if she did not pay for it.
ANS: F DIF: 1 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Excludability | Rivalry in consumption MSC: Definitional

10. Some goods can be classified as either public goods or private goods depending on the circumstances.
ANS: T DIF: 2 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Public goods | Private goods MSC: Interpretive

11. Roads can be considered either public goods or common resources, depending on how congested they are.
ANS: T DIF: 1 REF: 11-1
NAT: Analytic LOC: The Study of economics, and definitions in economics
TOP: Public goods | Common resources MSC: Applicative

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Principles Of Economics 5th Edition By N. Gregory Mankiw – Test Bank” Cancel reply

Your email address will not be published. Required fields are marked *

Instant Delivery By Mail

Related products

-43%
International Economics International Edition 12th Edition By Robert Carbaugh – Test Bank
Quick view
Add to wishlist
Add to cart

International Economics International Edition 12th Edition By Robert Carbaugh – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
Global Economics International Edition 13th Edition By Robert J. Carbaugh – Test Bank 1
Quick view
Add to wishlist
Add to cart

Global Economics International Edition 13th Edition By Robert J. Carbaugh – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
International Economics 3rd Edition By Robert C. Feenstra – Test Bank
Quick view
Add to wishlist
Add to cart

International Economics 3rd Edition By Robert C. Feenstra – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
Brief Principles Of Macroeconomics 7th Edition By N. Gregory Mankiw – Test Bank
Quick view
Add to wishlist
Add to cart

Brief Principles Of Macroeconomics 7th Edition By N. Gregory Mankiw – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
Brief Principles Of Macroeconomics International Edition 6th Edition By N. Gregory Mankiw – Test Bank
Quick view
Add to wishlist
Add to cart

Brief Principles Of Macroeconomics International Edition 6th Edition By N. Gregory Mankiw – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
Health Economics Theory Insights And Industry Studies 6th Edition By Dr. Rexford E. – Test Bank
Quick view
Add to wishlist
Add to cart

Health Economics Theory Insights And Industry Studies 6th Edition By Dr. Rexford E. – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
Fundamentals Of Economics 6th Edition By William Boyes – Test Bank
Quick view
Add to wishlist
Add to cart

Fundamentals Of Economics 6th Edition By William Boyes – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
-43%
Brief Principles Of Macroeconomics 6th Edition By N. Gregory Mankiw – Test Bank
Quick view
Add to wishlist
Add to cart

Brief Principles Of Macroeconomics 6th Edition By N. Gregory Mankiw – Test Bank

$35.00 Original price was: $35.00.$20.00Current price is: $20.00.
Test Bank
  • 3277 S WHITE RD SAN JOSE, CA 95148
  • Phone: (064) 332-1233
  • admin@testbank.ltd
MAIN
  • Home
  • Blog
  • Guide
  • FAQs
  • Contact us
  • Account
Categories
  • Test Banks & Solutions
  • List of Products
  • Nursing Test Bank
  • Accounting Test Bank
  • Exams Test Bank
  • Surgical Test Bank
NEED HELP?
  • Privacy Policy
  • Refund & Returns
  • Terms And Conditions
  • Shipping Policy
  • Billing Term Conditions
  • Submit your Request
NEW REQUEST

We have the biggest collection of authentic Test Banks with many more being uploaded every day so if you can’t find your desired Test Bank or Solution Manual then please Submit Request and we will send it to your inbox.

Test Bank 2023 All Right Reserved
payments
  • Home
  • Health Professions
    • Nursing
    • Pharmacology/Surgical
    • Surgical Technology
    • Health and Disease
    • Blood Banking
    • Medical
    • Medicine
    • Emergency Care
    • Nutritional Care
    • Dental Materials
    • Cancer
    • Drug
  • Business & Management
    • Accounting
    • Marketing
    • Management
    • Statistics
    • Auditing
    • Business
    • Business Statistics
    • Banking
    • Financial
    • Financial Accounting
    • Personal Finance
    • Investment
    • Taxation of Business
  • Exams
    • Physical/Examination
  • Science & Technology
    • Biology
    • Chemistry
    • Biochemistry
    • Basic Chemistry
    • Environmental Science
    • Geography
    • Math
    • Psychology
    • Anatomy & Physiology
    • Astronomy
    • Information Technology
    • Microbiology/Biology
    • Neuropsychology
    • Pediatric Primary
    • Research Method
  • Engineering
    • Information Technology
    • Computing Technology
    • Data Analysis
    • Database
    • Web Design
    • Web Development
  • Humanities
    • Communication
    • Economics
    • Education
    • History
    • Sociology
    • Human Development
    • Human Physiology
    • Human Sexuality
    • Politics
    • Criminology
    • Criminal Justic
    • Art
    • Leadership
    • Learning
    • Legal Environment
    • Lifespan
    • Relationship
  • Blog
  • Wishlist
  • Login / Register
Shopping cart
close

Sign in

close

Lost your password?

No account yet?

Create an Account
Start typing to see products you are looking for.
Shop
Wishlist
0 items Cart
My account