Sorry, Your browser does not support JavaScript! For the best experience please enable JavaScript
Flashcards
Create Free Flashcards
Browse All
Sell Premium
Flashcards
Study Teams
Create Study Team
Browse All
Study Teams
Quizzes
Create a Quiz
Browse Free Quizzes
Quizzes
Find a School
Find a School
AP Microeconomics: Market Failure & Govt (B, C, D)
About this Free Flashcard Deck
Last update by
niaelizabethbush
on 01/11/2012
Share
Edit
Add to Team
Print
Embed
AP Microeconomics: Market Failure & Govt (B, C, D)
Total Views:
16630
to review concepts related to market failure and the role of government in preparation for the AP Microeconomics exam
Teams
This Deck Belongs To
DemiDec
,
Microeconomics
,
AP Microeconomics
Flashcard Deck Tags
AP Microeconomics
,
goods
,
market power
,
antitrust
,
merger
,
AP Microeconomics: Market Failure & Govt (B, C, D)
Flashcard Review
1
What two characteristics distinguish ...
2
What is a rival good?
3
What is an excludable good?
4
What type of good is non-rival and ...
5
What type of good is rival and ...
6
What type of good is rival and ...
7
What type of good is non-rival and ...
8
What well-known parable explains why ...
9
List some examples of public goods.
10
Why does the market system not provide ...
1
2
3
4
5
6
Next
Deck Author
Lawrence
|
Add as Friend
10 Decks Created
Others Studying this Deck
arofire22
|
niaelizabethbush
Free Flashcard From AP Microeconomics: Market Failure & Govt (B, C, D)
Question:
What two characteristics distinguish all types of goods?
Answer:
excludability and rivalry