2008 CFA Level 1 － Sample 样题(1)－Q20 black, style

8586

20、The free-rider problem, an obstacle to efficiency, is most likely associated with:

A. monopolies.

B. public goods.

C. subsidies and quotas.

D. price ceilings and price floors.

  

[此贴子已经被作者于2008-11-7 16:37:07编辑过]

8586

Correct answer = B

"Efficiency and Equity," Michael Parkin
2008 Modular Level I, Vol. 2, pp. 46-48
Study Session 4-14-e
explain 1) how efficient markets ensure optimal resource utilization and 2) the obstacles to efficiency and the resulting underproduction or overproduction, including the concept of deadweight loss
Public goods can be consumed simultaneously by everyone and it is not in each person's interest to buy her or his share of a public good. 

cxz0858

A

louzhuqued

t

rwangy

楼主发的累，我们看得也累~~

不过还是谢谢，辛苦了~

zhangxie83

d

mitf2008

should be C?

Riverview

thanks

刀剑如梦

thanks!

gening

thanks!