Why Are Goods That Are Non-Rivalrous and Excludable (Such as an Uncrowded

question 101

Multiple Choice

Why are goods that are non-rivalrous and excludable (such as an uncrowded library or art gallery) often provided by the government?

• A)Because when these goods are used beyond capacity,they would not be provided by private firms.
• B)The marginal cost to society of providing access to one more user is zero,so it is allocatively efficient to provide this good at a price of zero.
• C)Because the government can provide these goods with fewer resources,so it is productively efficient.
• D)The marginal private benefit to the last user is greater than the marginal private cost.
• E)The marginal benefit to society of providing access to one more user is zero,so it is allocatively efficient to provide this good at a price of zero.

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Definitions:

Cardiovascular Disease

A general term for conditions affecting the heart and blood vessels, often related to atherosclerosis and leading to health issues like heart attack and stroke.

Physiological Condition

The state of the functioning of the body and its systems, including health and disease conditions.

Cardiovascular System

The body's system comprising the heart and blood vessels, responsible for circulating blood and transporting nutrients and oxygen to the tissues.

Heart Attacks

A medical emergency characterized by the sudden blockage of blood flow to the heart, resulting in heart muscle damage.