Question

Question 2 of 10 10 Ο Points Toll-free roads sometimes get congested, such as during rush-hour traffic. During those times, we would say that these roads are O A nonexcludable and rival O B excludable and rival O C excludable andnonrival O D nonexcludable and nonrival 10 0 Points Question 3 of 10 Jennifer buys a piece of costume jewelry for $33, for which she was willing to pay $42 The minimum acceptable price to the seller, Nathan, was $30 O A Jennifer experiences a producer surplus of $9, and Nathan experiences a consumer surplus of $3 O B Jennifer experiences a producer surplus of $9, and Nathan experiences a producer surplus of $12 0 C Jennifer experiences a consumer surplus of S 1 2, and Nathan experiences a producer surplus of $3 D Jennifer experiences a consumer surplus of $9, and Nathan experiences a producer surplus of $3

Answer 1

Question 2

Answer: A Non-excludable and rival.

Explanation: Toll free roads are public good which are non-excludable, it means that no one can be denied to use these roads and drive their vehicle/cars but due to congestion it reduces the benefit of having congestion free driving/road to the current users and become rivalrous to other.

Point B: It is wrong since toll free public roads cannot be excludable and rival and nobody can be excluded to use these toll free roads.

Point C: It is wrong since toll free roads cannot be excludable and cannot be non-rival if they are congested due to high traffic.

Point D is wrong since toll free roads are non-excludable but cannot be non rival since congestion due to high traffic/traffic can become rivalrous to the current user since it creates congestion on the road and makes road space congested for the user.