You Are Living in England in 1285 and Are Told

question 29

Multiple Choice

You are living in England in 1285 and are told to be ready to participate in the "hue and cry." What is required of you?

• A)to come to the assistance of a watchman when your assistance is needed
• B)to cry aloud if you see a watchman in the pursuit of one who is suspected of a crime
• C)to consent to a written proclamation for the capture of a suspect
• D)to assist in the apprehension of a criminal who has been witnessed in the act of committing a crime

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Definitions:

Positive Externality

A benefit that is enjoyed by a third-party resulting from an economic transaction to which they were not involved.

Public Good

A product or service that is non-excludable and non-rivalrous, meaning it can be consumed by multiple people without diminishing its availability to others.

Common Resource

A resource that is nonexcludable but rival in consumption.

Nonexcludable

A characteristic of a good or service that prevents people from being excluded from using it, often leading to challenges in private market provision.