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Market failure quiz
Five questions on Market failure. Answer all 5 to see your score. Questions are drawn from a bank of 15, so every attempt is different.
Question 1 of 5
A good that is non-excludable and non-rival is a:
Question 2 of 5
Ocean fish stocks are an example of a:
Question 3 of 5
The free-rider problem leads markets to:
Question 4 of 5
The tragedy of the commons describes:
Question 5 of 5
Elinor Ostrom is known for showing that: