Question :
41.WhichofthefollowingisanexampleoftheTragedyoftheCommons?
a.Thenumberofprofessionalfootballteamsincreasestothepointwherethequalityofthegamesdecreases,asdoestelevisionviewership.
b.Thenumb : 1261445
41.WhichofthefollowingisanexampleoftheTragedyoftheCommons?
a.Thenumberofprofessionalfootballteamsincreasestothepointwherethequalityofthegamesdecreases,asdoestelevisionviewership.
b.Thenumberofsatellitesincreasestothepointwheretheybeginrunningintoeachother.
c.DisneyWorldbecomessocrowdedthatitinstitutesalotteryforadmissions.
d.Atigerbreedingprogrambecomessosuccessfulthatlocalzooshavetobuildadditionalexhibitssothatvisitorscanviewthecats.
42.WhichofthefollowingisanexampleofgovernmentinterventiontosolveaTragedyoftheCommonsproblem?
a.subsidizingbasicresearch
b.buildinglighthouses
c.tollchargesoncongestedroads
d.cost-benefitanalysis
43.Whichofthefollowingstatementsisnotcorrect?
a.Afreeriderisapersonwhobenefitsfromsomethingforwhichheorshedoesnothavetopay.
b.Thecreationofgeneralknowledgeisapublicgood.
c.TheTragedyoftheCommonsillustratestheunderuseofacommonresource.
d.Agasolinetaxisanimperfectsolutiontotheproblemoftrafficcongestiononpublicroads.
44.TheTragedyoftheCommonsdescribes
a.governmentregulationthatisnecessarytocombatexternalities.
b.overuseofacommonresourcerelativetoitseconomicallyefficientuse.
c.thenonrivalryfeatureofacommonresource.
d.aneffectivecost-benefitanalysis.
45.WhatcausestheTragedyoftheCommons?
a.(i)only
b.(ii)only
c.(i)and(ii)only
d.(i)and(iii)only
46.Atollonacongestedroadisinessence
a.aninterstatehighwaytax.
b.aDepartmentofMotorVehiclestax.
c.agasolinetax.
d.acorrectivetax.
47.AtollcollectedfromeachcartravelingduringrushhouronacongestedroadisaneffectivecorrectiontotheTragedyoftheCommonsforallofthefollowingreasonsexceptthetollprovidesanincentiveforcommutersto
a.driveattimesotherthanrushhour.
b.usepublictransitratherthandriving.
c.drivemorefuel-efficientcars.
d.car-pool.
48.ThetownofIsleisonasmallislandconnectedtoBigCitybyasinglebridge.MostoftheresidentsofIsleworkinBig City.Asaresult,thebridgebecomesverycongestedfor2hourseachdayatthetypicalmorningandeveningcommutetimes.WhichofthefollowingpoliciesconsideredbythemayorofIslewouldlikelybemosteffectiveinalleviatingthecongestion?
a.Afixedtollforthebridgepayablebyeveryvehiclecrossingthebridgeatalldaysandtimes.
b.Avariabletollforthebridgepayableonlybyvehiclescrossingthebridgeduringthecongestedcommutetimes.
c.Anyvehiclecrossingthebridgeatanytimemusthaveastickerpaidforwithaone-timefeeof$25.
d.Apressconferenceinwhichthemayorrequeststhatpeopletrytocrossthebridgeearlierorlaterthanthetypicalcommutetimes.
49.Whichcitycurrentlychargesdriversa“congestiontoll”todriveintotheheartofthecity’sfinancial,legal,andentertainmentdistrict?
a.Washington,D.C.
b.Sydney
c.Tokyo
d.London
50.Whichofthefollowingiscorrectregardingroadtollsasawaytoreducetraffic?
a.Theycanvarybasedontheamountoftrafficthatispresent.
b.Theyreducedrivers’explicitcostofdrivingbutincreasedrivers’implicitcost.
c.Somedriverscanbemadebetteroff,butsomedriverswillinevitablymadeworseoff.
d.Theyarethesolutiontothefreeriderproblemthatoccursonroads.