Governments Usually Build Highways Because It Is Difficult to Exclude

question 109

Multiple Choice

Governments usually build highways because it is difficult to exclude individuals who don't pay for the highways from using them.What type of market failure is involved?

• A)Inequity.
• B)Public goods.
• C)Externalities.
• D)Market power.

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Definitions:

1 Gb/s

A data transmission rate of 1 gigabit per second, used in networking and telecommunications to denote the bandwidth of a digital data connection.

Network Cabling

Refers to the physical infrastructure used to interconnect computers, servers, and other devices in a network to facilitate communication and data sharing.

UTP (Unshielded Twisted Pair)

The most common network cable. Comes in different categories for different uses.

Fiber

A type of medium or Internet connection that carries data using light.