
chapter 2 part 1
Quiz
•
Business
•
2nd Grade
•
Practice Problem
•
Hard
Yomna Ashraf Mohamed Elsaid Gadelhak
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. When consumption of a good is non-rival and non-excludable, the good is a
public goods
mixed goods
private goods
service
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. Public goods are goods that ……….. Be withheld from those who wont pay for it
can not
can
should
maybe
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. An example of a public good is
A loaf of bread.
National defense services.
A Ford truck.
A home computer.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. Public goods are financed by……..
Revenues
Private Sector
taxes
a&c
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. A good or service or a resource is non-excludable if
It is possible to prevent someone from enjoying the benefits of it.
Its use by one person decreases the quantity available for someone else.
It is not possible to prevent someone from benefiting from it.
Its use by one person does not decrease the quantity available for someone else.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. Education at a private university is NOT a public good because it
Excludable.
Non-rival.
Both non-rival and non-excludable
None of the above answers is correct
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Of those listed below, the best example of a pure public good is
A radio broadcast
A book
A rock concert held in a small auditorium.
A state lottery
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