You Turn Your Computer on and Nothing Happens

question 123

Multiple Choice

You turn your computer on and nothing happens. The computer light is off. You check the fan and it is running. Which of the following is a likely source of the problem?

• A) Faulty power supply
• B) Faulty hard drive
• C) Voltage problem with the mother board
• D) Bad power cord

---

Definitions:

Nonexcludable

A characteristic of a good or service where it is not possible to prevent people who have not paid for it from having access to it.

Negative Externality

A cost that is suffered by a third party as a result of an economic transaction.

Pigovian Externality

A situation where a market activity imposes a positive or negative cost or benefit on a third-party that is not reflected in the market price.

Free-Rider Problem

A situation in a shared-resource system where individuals consume more than their fair share or pay less than their fair share of the cost.