The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various points along the Turnpike based on the distance they traveled on the freeway. Suppose that despite the tolls, many motorists in the urban areas use the Turnpike causing traffic to slow during peak times. What type of good would the Turnpike be classified as in this case?
A) private good
B) club good
C) common resource
D) public good
Correct Answer:
Verified
Q346: A local park filled with picnickers is
A)excludable
Q347: A streetlight is a
A)private good.
B)club good.
C)common resource.
D)public
Q348: An internet radio broadcast is
A)excludable and rival
Q349: Consider a public road that anyone is
Q350: Under which of the following scenarios would
Q352: A vacation home in Malibu is
A)not rival
Q353: A mobile phone is a
A)private good.
B)club good.
C)common
Q354: A congested side street in your neighborhood
Q355: At the local park there is a
Q356: A cheeseburger is a
A)common resource, because it
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