Figure 11-1
-Refer to Figure 11-1. Once good x is provided, policymakers need to be concerned about how much of it is used. Good x is an example of the type of good represented by Box
A)A.
B)B.
C)C.
D)D.

Question

Figure 11-1 
-Refer to Figure 11-1. Once good x is provided, policymakers need to be concerned about how much of it is used. Good x is an example of the type of good represented by Box
A)A. 
B)B. 
C)C. 
D)D.

Quizplus · Accepted Answer

Good x is likely a common resource, which is non-excludable but rival in consumption, represented by Box C. Policymakers need to manage its usage to prevent overconsumption or depletion.

Figure 11-1 -Refer to Figure 11-1. Once Good X Is Provided, Policymakers