Which of the following is an example of a pure public good?

Which of the following is an example of a pure public good?
 a. A bus.
  b. A mall.
  c. A teddy bear.
  d. An army.
  e. An automobile.

QUESTION 2

A community in a Southeastern state passed a beautification ordinance (law) prohibiting the placement of indoor furniture outside of homes (i.e., no couches on the porch). The law represents a conflict between ____ and ____.
 a. the rich; the poor
  b. third parties; market participants
  c. victims; criminals
  d. public goods; private goods
  e. residents; visitors

QUESTION 3

There are apartments in Chicago whose rooftops overlook Wrigley Field. On game day you can find free riders on the roof enjoying ____.
 a. free property rights b. an externality
  c. a public good d. excess utility

QUESTION 4

An externality is an unintended ____ imposed on ____ as a result of the ____.
 a. c or d
  b. cost; sellers; negligence of others
  c. cost; third parties; economic activity of others
  d. benefit; third parties; economic activity of others
  e. benefit; sellers; beneficence of others

QUESTION 5

When airplanes take off and land at Logan airport, residents of East Boston complain about the noise. The same planes make the same noise during the trip to Boston from Paris, but there are no ____ for most of the trip because ____.
 a. jet sounds; noise doesn't travel at high altitudes
  b. third parties; there are no externalities
  c. externalities; there are no third parties
  d. complaints; airplanes are insulated
  e. free riders; passengers must pay to board the plane

QUESTION 6

Nonsmoking sections in restaurants are designed to remove ____ from a market ____.
 a. smoke; with food service
  b. third parties; for food service
  c. externalities; with public goods
  d. third parties; externality
  e. nonsmokers; for food service

QUESTION 7

One method of correcting for ____ externalities is to create a ____ to make sure the market accounts for all costs and benefits.
 a. market failure; tax
  b. negative; tax
  c. positive; mechanism
  d. positive; tax
  e. negative; free market