Merit/Demerit, Public/Private, Consumer/Producer Surplus
Flashcard
•
Social Studies
•
10th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which of the following is a non-rivalrous good? a car, pizza, a hiking trail, a canoe
Back
a hiking trail
2.
FLASHCARD QUESTION
Front
A situation of market failure is said to exist if;
Back
third parties in society are affected and not compensated
3.
FLASHCARD QUESTION
Front
This is the fact that consumption of a public good cannot be confined to those who have paid for it.
Back
Non-excludable
4.
FLASHCARD QUESTION
Front
Products where social benefits to the community outweighs the private benefits to the consumer:
Back
Merit goods
5.
FLASHCARD QUESTION
Front
Which of the following is an example of a public good? A lighthouse, The public transport (bus or train), Water to homes, A coca cola
Back
A lighthouse
6.
FLASHCARD QUESTION
Front
Products that the government feels that people will under-consume and suppliers over supply:
Back
Merit goods
7.
FLASHCARD QUESTION
Front
Tend to have positive externalities
Back
Merit goods
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple

Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
9 questions
Econ 16 Money & Banking
Flashcard
•
10th Grade
10 questions
4 P's of Marketing - Product
Flashcard
•
10th Grade
13 questions
1920's
Flashcard
•
11th - 12th Grade
7 questions
4.1 The Nature of Operations Flashcards
Flashcard
•
12th Grade
9 questions
Advantages of Cloud Storage
Flashcard
•
9th - 10th Grade
10 questions
Independent and Dependent Variables Flashcard
Flashcard
•
9th - 12th Grade
7 questions
Jefferson/Madison/Monroe
Flashcard
•
8th Grade
10 questions
Towards Independence
Flashcard
•
8th Grade
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
11 questions
NEASC Extended Advisory
Lesson
•
9th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
10 questions
Boomer ⚡ Zoomer - Holiday Movies
Quiz
•
KG - University
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
Discover more resources for Social Studies
25 questions
Unit 3: Rise of World Power
Quiz
•
10th Grade
11 questions
Human Adaptations & Modifications
Quiz
•
5th - 10th Grade
10 questions
Exploring Economic Systems and Their Impact
Interactive video
•
6th - 10th Grade
23 questions
USHC 6 FDR and The New Deal Programs
Quiz
•
9th - 12th Grade
1 questions
PLT CFA 10/2/25
Quiz
•
9th - 12th Grade
13 questions
Unit 2 Test
Quiz
•
9th - 12th Grade
20 questions
World History Q1 Assessment
Quiz
•
10th Grade
35 questions
Q1 Checkpoint Review
Quiz
•
10th Grade