Public Goods and Collective Action
Description: This quiz is designed to evaluate your understanding of the concepts related to public goods and collective action in economics. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: public goods collective action externalities free riders |
Which of the following is a characteristic of a public good?
What is the primary reason for the underprovision of public goods?
Which of the following is an example of a public good?
What is the term used to describe the situation where individuals benefit from a public good without contributing to its provision?
Which of the following is a potential solution to the problem of free riding in the provision of public goods?
What is the term used to describe the situation where the consumption of a good or service by one individual imposes a cost on others?
Which of the following is an example of a negative externality?
What is the term used to describe the situation where the consumption of a good or service by one individual generates a benefit for others?
Which of the following is an example of a positive externality?
What is the term used to describe the situation where a common resource is overused because individuals have an incentive to use it excessively?
Which of the following is an example of the tragedy of the commons?
What is the term used to describe the situation where individuals cooperate to provide a public good or service, even though they could benefit from free riding?
Which of the following is an example of collective action?
What are some of the challenges associated with collective action?
What are some of the mechanisms that can be used to promote collective action?